Shyam Metalics Reports Broad-Based Growth in November as Key Segments Deliver Strong Volumes

Shyam Metalics and Energy Ltd has reported a strong operational performance for November 2025, with several of its major product categories showing substantial year-on-year growth. The integrated metal producer released its consolidated monthly sales update, indicating continued demand across its core portfolios along with improved realisations in select segments.

Stainless steel remained one of the company’s steady contributors, rising 7.48 percent to 6,518 MT compared to the same month last year. Realisation also improved, reflecting stable market demand. Aluminium foil, however, saw a marginal decline of 4.58 percent, although realisation per MT remained higher than last year, suggesting resilient pricing trends despite softer volumes.

A standout performer for the month was pellets, which surged 131 percent to cross 1 lakh MT, underlining strong offtake from downstream steel units. Speciality alloys grew 19.64 percent year-on-year, reaffirming the company’s strengthening position in the value-added metals segment. Carbon steel posted a modest 0.98 percent rise, indicating stable consumption levels in the construction and manufacturing sectors.

One of the most dramatic increases came from CR coils and sheets, soaring more than 1,234 percent year-on-year, supported by improved capacity utilisation and robust market activity. Pig iron also delivered an exceptional 1,865 percent rise compared to November last year, driven by strong demand from foundries and engineering units. Meanwhile, sponge iron dipped 7.65 percent, reflecting fluctuations in regional billet production.

On the production side, the company confirmed that its colour-coated and blast furnace divisions continued to support overall output momentum. These facilities, commissioned earlier, have steadily contributed to operational stability and improved utilisation levels through FY26.

Overall, Shyam Metalics’ November performance underscores balanced growth across high-volume and value-added categories. With positive realisations in many segments and strong traction in downstream steel products, the company appears well-positioned to maintain momentum in the latter half of the fiscal year.