StockWatch
·
Iron & Steel
Monthly Update6 Oct 2026, 08:34 am

Shyam Metalics Sales Up 35% YoY for Stainless Steel in Sep 2026

AI Summary

Shyam Metalics and Energy Ltd has released its sales data for September 2026 and the second quarter of FY27. The company reported a significant 35.06% year-on-year increase in sales volumes for Stainless Steel in September, with average realizations rising by 22.99%. For the second quarter, Stainless Steel volumes grew by 28.45% QoQ. Aluminium Foil saw a YoY decrease in volumes (-19.10%) but an increase in realizations (+26.14%). Speciality Alloys demonstrated robust growth with a 16.17% YoY increase in volumes and 12.26% in realizations for September, and a 10.11% QoQ volume increase. Carbon Steel (Long) experienced an 8.37% YoY decrease in volumes, though realizations improved by 12.95%. Carbon Steel (Flat) showed a substantial 164.38% YoY increase in September volumes.

Key Highlights

  • Stainless Steel volumes up 35% YoY in Sep 2026.
  • Aluminium Foil volumes down 19% YoY, realizations up 26%.
  • Speciality Alloys volumes up 16% YoY, realizations up 12%.
  • Carbon Steel (Long) volumes down 8% YoY, realizations up 13%.
  • Carbon Steel (Flat) volumes surge 164% YoY in Sep 2026.