Shyam Metalics Q3 business update, January 2025: Stainless Steel sales surge 59% YoY to 8,962 MT

Shyam Metalics and Energy Limited has released its consolidated sales performance for January 2025, showcasing notable growth across several product segments. While some segments have shown remarkable year-over-year (YoY) and month-over-month (MoM) improvements, others have experienced slight declines.

Stainless Steel Performance

• Sales: Increased by 59% YoY (8,962 MT vs. 5,627 MT) and 14% MoM (7,889 MT in December 2024).
• Average Realization: Decreased by 4% YoY but increased by 3% MoM (Rs. 1,25,789 per MT vs. Rs. 1,22,681 per MT in December).

Aluminium Foil Performance

• Sales Volume: Up by 36% YoY (1,959 MT vs. 1,445 MT) and 3% MoM (1,910 MT in December 2024).
• Average Realization: Increased by 13% YoY, but decreased by 4% MoM (Rs. 3,41,070 per MT vs. Rs. 3,56,235 per MT in December).

Speciality Alloys Performance

• Sales Volume: Decreased 3% YoY but rose 15% MoM (16,696 MT vs. 14,502 MT in December 2024).
• Average Realization: Dropped 6% YoY, yet increased 3% MoM (Rs. 92,611 per MT vs. Rs. 89,628 per MT in December).

Carbon Steel Performance

• Sales Volume: Increased 24% YoY (1,62,336 MT vs. 1,31,006 MT) and 3% MoM (1,58,333 MT in December 2024).
• Average Realization: Declined 3% YoY but showed 1% MoM growth (Rs. 43,299 per MT vs. Rs. 42,988 per MT in December).

Pig Iron Performance

• Sales Volume: Dropped significantly by 42% MoM (14,281 MT vs. 24,594 MT in December 2024).
• Average Realization: Decreased 1% MoM (Rs. 33,277 per MT vs. Rs. 33,595 per MT in December).

Sponge Iron Performance

• Sales Volume: Increased 1% YoY and 15% MoM (85,175 MT vs. 74,305 MT in December 2024).
• Average Realization: Declined 6% YoY and 1% MoM (Rs. 24,101 per MT vs. Rs. 24,410 per MT in December).

Pellet Performance

• Sales Volume: Declined 18% YoY and 11% MoM (77,957 MT vs. 87,114 MT in December 2024).
• Average Realization: Dropped 6% YoY but improved 1% MoM (Rs. 8,747 per MT vs. Rs. 8,687 per MT in December).

CR Coil/CR Sheets Performance

• Sales Volume: Increased 29% MoM (2,484 MT vs. 1,932 MT in December 2024).
• Average Realization: Improved by 1% MoM (Rs. 69,006 per MT vs. Rs. 68,057 per MT in December).