UK steel users warn of higher costs South Korea seeks EU steel tariff relief Vale sees strong long-term iron ore demand India rejects steel overcapacity allegations
Shyam Metalics & Energy drew market attention after reporting a sharp rise in stainless steel sales in March 2026. The company’s stainless steel sales volume climbed 58.91% year on year to 10,519 MT, while average realisation rose 19.01% to Rs 1,52,633 per MT. The update helped lift the stock 4.65% to Rs 831.25 in early trade. Beyond stainless steel, CR coil and sheet sales also posted strong growth, while aluminium foil, speciality alloys, carbon steel and pellets recorded higher volumes and better realizations. The March business update points to healthy demand across key segments and strengthens the company’s growth narrative in the metals space.
Also Read : Dongkuk Takes Stand Against Cheap Chinese Color Steel Imports Aalberts IPS Introduces Apollo 76F-HCA Stainless Steel Valve for Critical Industrial Applications
In order to receive protection in the form of higher import duties, domestic manufacturers have appr...
Ferrous 31-May-2024
Jindal Stainless has signed an agreement under the government’s PLI 1.2 scheme for speci...
Business 12-Feb-2026
Karnataka Minister for Large and Medium Industries M B Patil announced that Japanese companies have...
India 16-Sep-2025
The Ministry of Environment, Forests, and Climate Change granted an environmental clearance (EC) for...
Notification 19-Feb-2024
In 2023, something remarkable happened in Europe's energy landscape. Wind power, with its mighty tur...
Europe 07-Feb-2024
JSW Steel Emerges as Macquarie’s Top Pick Amid Indian Steel Sector Growth India&rsquo...
Large Corporate 23-Jun-2025