Shyam Metalics’ stainless steel volumes rise 59%, Pellet volumes up 44.3% | Q4 update

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Shyam Metalics’ Stainless steel sales jumped 58.9% year-on-year (YoY) and 26.9% month-on-month (MoM) to 10,519 tonnes in March 2026, while average realisations rose 19% YoY but dipped marginally 0.6% sequentially to ₹1.52 lakh per tonne.

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Shyam Metalics and Energy Ltd is a Kolkata-based integrated metal-and-energy company operating a vertically integrated “ore-to-metal” model across steel, ferro-alloys, and aluminium foil.

It processes iron ore into pellets, converts them into sponge iron and billets, and rolls them into steel products, while also producing ferro-alloys, stainless steel, and aluminium foil.



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