Shyam Metalics reported a notable decline in stainless steel sales, which dropped 18% q-o-q to 19,813 t from 24,133 t in Q4FY’25. However, average realisations for the quarter rose by 8% to INR 1,38,516/t, highlighting resilient pricing amid softer demand. In June, sales dropped by 19% m-o-m to 5,665 t from 6,999 t in May. Additionally, average realisations for June increased by 3% at INR 1,43,394/t.
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