Tag: India: Sarda Energy’s ferro alloys production edge up q-o-q in Q2FY’25
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India: Sarda Energy’s ferro alloys production edges up by 2% q-o-q in Q2FY’25
Sarda Energy and Minerals Limited (SEML), an integrated steel producer, reported a slight 2% increase in ferro alloys production to 0.048 mnt in Q2FY’25 (Jul-Sep’24) compared to 0.047 mnt in Q1FY’25. Sales remained steady at 0.046 mnt in both Q1FY’25 and Q2FY’25. On a y-o-y basis, output declined by 7% in Q2FY’25 compared to Q2FY’24.