India-based SMEL’s stainless steel output doubles in June

Thursday, 11 July 2024 14:38:46 (GMT+3)   |   Kolkata

India’s Shyam Metalics and Energy Limited (SMEL) achieved stainless steel production of 7,105 mt in June this year, up 100.69 percent over the corresponding month of the previous year, according to a company statement on Thursday, July 11.

It achieved specialty alloy production of 15,216 mt in the given period, up 6.28 percent, and carbon steel output of 120,803 mt, a rise of 0.9 percent, year on year, the company said in the statement.

SMEL’s iron ore output in June this year was reported at 87,251 mt, up 6.95 percent over the corresponding month of the previous year.

AjoyDas
Ajoy Das
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I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.

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