In February 2024, Shyam Metalics reported a 122.9% increase in Sponge Iron sales volume year-over-year at 94,143 tonnes, while average realization fell by 18.5%. Steel Billets sales rose 26.5% to 14,647 tonnes with a slight decrease in realization by 15.9%. Long Steel sales also increased by 7.4% to 125,541 tonnes, but realization dropped by 15.5%.