Shyam Metalics October business update: Stainless steel volumes rise 20.4%, realisations up 42.09%

CNBC TV18 reported that Shyam Metalics gave a business update for October 2026, showing year-on-year growth in sales volumes and average realisations across stainless steel, aluminium foil and speciality alloys. Stainless steel volumes rose 20.4% and realisations rose 42.09%, the outlet said. Volume here means the quantity sold, and realisation means the average price the company got per unit sold, so the two figures together show it sold more steel and at higher prices than a year earlier. Year-on-year means compared with the same month last year. The update covers one month, not a full quarter, and the headline gives figures only for stainless steel; the outlet did not give the aluminium foil and speciality alloys numbers in the headline.

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