SAL Steel Limited manufactures Sponge Iron, Ferro Alloys and power, selling products in domestic and international markets. With Captive power generation, it benefits from low power costs and sells surplus power.

SAL Steels major competitors are Chaman Metallics, Suraj Products, VMS TMT, BMW Ventures, Vaswani Industries, Shri Hare-Krishna, Bihar Sponge Iron.
Market Cap of SAL Steels is ₹413 Crs.
While the median market cap of its peers are ₹351 Crs.

SAL Steels seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.