Shyam Metalics and Energy Ltd. reported a 2.47 percent year-on-year decline in stainless steel sales volume for October 2025. The dip reflects subdued demand from construction and industrial segments, though the company remains focused on capacity expansion and product diversification to offset cyclical headwinds.
Shyam Metalics and Energy Ltd., a leading integrated metal producer, announced a 2.47 percent year-on-year drop in stainless steel sales volume for October 2025. The decline comes amid softer demand from infrastructure and manufacturing sectors, which have seen delayed project execution and inventory adjustments.
Despite the short-term dip, Shyam Metalics continues to invest in downstream capacity and value-added product lines to strengthen its market position.
Important Points From The Sales Update:
- Stainless steel sales volume declined 2.47 percent YoY in October, reflecting demand moderation
- The company cited slower offtake from construction and industrial clients as key factors
- Export volumes remained stable, with consistent orders from Southeast Asia and the Middle East
- Shyam Metalics is expanding its stainless steel melting and rolling capacity at its Odisha plant
- Management reaffirmed its focus on high-margin alloy products and customized steel solutions
- The company continues to explore strategic partnerships for technology upgrades and market access
- Long-term outlook remains positive, supported by government infrastructure spending and industrial recovery
Shyam Metalics’ October update signals near-term demand challenges but highlights its proactive strategy to build resilience and scale.
Sources: Reuters, BSE Corporate Filings, BusinessLine