Steel Exchange Junior Engineer Salaries by 6 Employees (Updated 2024)

2 - 9 years exp.

₹2.8 Lakhs - ₹3.6 Lakhs

Salary of majority employees

At par with the average Junior Engineer Salary in Iron & Steel Companies for 2 - 9 years of experience

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Last Updated: 23 May 2024

Companies similar to Steel Exchange for Junior Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Steel Junior Engineer Salary 0 - 13 years exp. (891 salaries)	₹2 L/yr - ₹10 L/yr 101% more
JSW Steel Junior Engineer Salary 0 - 7 years exp. (2.1k salaries)	₹1.6 L/yr - ₹5.6 L/yr 13% more
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Steel Authority Of India Junior Engineer Salary 3 - 12 years exp. (21 salaries)	₹2.8 L/yr - ₹10 L/yr 102% more
ArcelorMittal Nippon Steel Junior Engineer Salary 0 - 5 years exp. (138 salaries)	₹1.5 L/yr - ₹4.7 L/yr 12% less
Jindal Steel and Power Junior Engineer Salary 0 - 6 years exp. (904 salaries)	₹1.3 L/yr - ₹5.6 L/yr 16% more
Vedanta Limited Junior Engineer Salary 0 - 10 years exp. (4 salaries)	₹1.2 L/yr - ₹12.5 L/yr 61% more
ArcelorMittal Junior Engineer Salary 0 - 3 years exp. (6 salaries)	₹2.5 L/yr - ₹4.5 L/yr 4% less
Bhushan Power & Steel Junior Engineer Salary 3 - 7 years exp. (88 salaries)	₹1.9 L/yr - ₹5.3 L/yr 24% more
Vizag Steel Junior Engineer Salary 2 - 6 years exp. (9 salaries)	₹5 L/yr - ₹7.3 L/yr 52% more
Monnet Group Junior Engineer Salary 3 - 5 years exp. (6 salaries)	₹3.3 L/yr - ₹5.1 L/yr 28% more
Jai Balaji Group Junior Engineer Salary 0 - 6 years exp. (181 salaries)	₹1.2 L/yr - ₹3.5 L/yr 33% less
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Bmm Ispat Junior Engineer Salary 2 - 6 years exp. (41 salaries)	₹1.4 L/yr - ₹4.2 L/yr 9% less
Electrotherm Junior Engineer Salary 0 - 8 years exp. (33 salaries)	₹1.5 L/yr - ₹4.8 L/yr 8% less
MM Forgings Junior Engineer Salary 3 - 13 years exp. (27 salaries)	₹2 L/yr - ₹4 L/yr 10% less
Jayaswal Neco Industries Junior Engineer Salary 0 - 7 years exp. (24 salaries)	₹1.5 L/yr - ₹3.1 L/yr 32% less
MSP Steel & Power Junior Engineer Salary 1 - 3 years exp. (13 salaries)	₹2 L/yr - ₹3 L/yr 23% less
Indian Metals & Ferro Alloys Junior Engineer Salary 1 - 6 years exp. (12 salaries)	₹2 L/yr - ₹4.2 L/yr 11% less
VISA Steel Junior Engineer Salary 6 - 12 years exp. (9 salaries)	₹3 L/yr - ₹6 L/yr 24% more
Aarti Steels Junior Engineer Salary 1 - 6 years exp. (7 salaries)	₹1.5 L/yr - ₹3.6 L/yr 32% less
Godawari Power & Ispat Junior Engineer Salary 1 - 14 years exp. (6 salaries)	₹2 L/yr - ₹5.5 L/yr 7% more

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Junior Engineer salary at Steel Exchange ranges between ₹2.8 Lakhs to ₹3.6 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of Steel Exchange.

Experience wise Steel Exchange Junior Engineer salaries

Last Updated: 23 May 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.3 L/yr
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4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.7 L/yr
9 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr

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Similar Designation salaries in Steel Exchange

Senior Engineer Salary

(9 salaries)

₹4 L/yr - ₹10 L/yr

Assistant Engineer Salary

(7 salaries)

₹2.65 L/yr - ₹4 L/yr

Deputy Manager Salary

(4 salaries)

₹7.68 L/yr - ₹15 L/yr

Salary related reviews for Steel Exchange

Academic Coordinator in Thane

Full Time

Administration & Facilities Department

3.0

• posted on 10 Mar 2023

2.0

for Salary and Benefits

Likes

The only thing I like about here is the office environment at our branch

Dislikes

1. The reporting manager 2. Office policies 3. You cannot have a personal life 4. Salary is way less 5. No job satisfaction

Senior Engineer in Nellore

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 30 Dec 2023

4.0

for Salary and Benefits

Likes

Top level management will ready to give what are support required for employees benefits

Dislikes

Middle management and individual department hods are not upto the mark and more politics while appraisal like in any Indian company

Senior Manager in Vizianagaram

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 04 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing yessss Nothing but workmen are very supportive.

Dislikes

Terrible work culture 😪, poor planning,poor management, no job security 😢, egoistic senior management personnels, worst maintenance practices, worst procurement system

General Manager Operations in Visakhapatnam

Customer Success, Service & Operations Department

4.0

• posted on 24 Dec 2019

4.0

for Salary and Benefits

Likes

well organized, coordinated team with supporting culture. Active part in building the plant during expansions. Excellent growth during the period 2005 to 2013 and stalled now due to liquid crisis and slowdown of steel and power business.

Dislikes

slowdown of power and steel business leading to company growth stalled

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Steel Exchange Junior Engineer Salary FAQs

What is the salary of Junior Engineer at Steel Exchange?

Junior Engineer salary at Steel Exchange in India ranges between ₹2.8 Lakhs to ₹3.6 Lakhs for experience between 2 years to 9 years. According to our estimates it is 3% less than the average Junior Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Steel Exchange India.

How does the salary of a Junior Engineer at Steel Exchange India compare with the average salary range for this job?

The average salary of a Junior Engineer at Steel Exchange is 3% less than the average salary of a Junior Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Steel Exchange to a Junior Engineer in India?

Steel Authority Of India Junior Engineer Salary - ₹2.8 Lakhs to ₹10.0 Lakhs per year
Tata Steel Junior Engineer Salary - ₹2.0 Lakhs to ₹10.0 Lakhs per year
Vedanta Limited Junior Engineer Salary - ₹1.2 Lakhs to ₹12.5 Lakhs per year
Vizag Steel Junior Engineer Salary - ₹5.0 Lakhs to ₹7.3 Lakhs per year
Monnet Group Junior Engineer Salary - ₹3.3 Lakhs to ₹5.1 Lakhs per year

What is the salary of a Junior Engineer in companies similar to Steel Exchange in India?

Bhushan Power & Steel Junior Engineer Salary - ₹1.9 Lakhs to ₹5.3 Lakhs per year
VISA Steel Junior Engineer Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
Jindal Steel and Power Junior Engineer Salary - ₹1.3 Lakhs to ₹5.6 Lakhs per year
JSW Steel Junior Engineer Salary - ₹1.6 Lakhs to ₹5.6 Lakhs per year
Godawari Power & Ispat Junior Engineer Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year

What is the estimated take home salary of a Junior Engineer at Steel Exchange in India?

The estimated take-home salary of a Junior Engineer at Steel Exchange ranges between ₹24,212 per month to ₹25,663 per month in India. The take-home salary calculation is based on the average Steel Exchange Junior Engineer salary in India which ranges between ₹2.8 Lakhs to ₹3.6 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Junior Engineer at Steel Exchange?

According to AmbitionBox, 67% of the Steel Exchange Junior Engineers reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Steel Exchange Junior Engineer Salaries

Steel Exchange Junior Engineer salary in India ranges between ₹2.8 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Steel Exchange latest salaries received from various employees of Steel Exchange.