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Indian SAIL predicts stainless steel sales growth of 16.44% in August 2026

Indian SAIL predicts stainless steel sales growth of 16.44% in August 2026

India's Shyam Metallics and Energy Limited (SMEL) achieved stainless steel sales of 10,920 tons in August 2026, which is 16.44 percent more than in the corresponding month of the previous year, according to a company statement released on Wednesday, September 9.

According to the company, the average revenue from the sale of stainless steel increased by 2.21 percent in August 2026 compared with the average revenue in July. 2026.

SMEL' s sales of various types of flat rolled carbon steel in August 2026 The annual total was 29,262 tons, an increase of 114 percent year-on-year, the statement said.

It said sales of special alloys totaled 19,002 tons, an increase of 27.97 percent year-on-year. However, sales of carbon steel rolled products in August decreased by 2.76% year-on-year to 142,897 tons

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