Steel Exchange Junior Mechanical Engineer Salaries by 3 Employees (Updated 2025)

7 - 10 years exp.

₹4.5 Lakhs - ₹7.5 Lakhs

Low Confidence

Salary of majority employees

98% more than the average Junior Mechanical Engineer Salary in Iron & Steel Companies for 7 - 10 years of experience

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Last Updated: 30 Dec 2023

Companies similar to Steel Exchange for Junior Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Steel Junior Mechanical Engineer Salary 3 - 10 years exp. (66 salaries)	₹2 L/yr - ₹9.5 L/yr 10% less
JSW Steel Junior Mechanical Engineer Salary 1 - 8 years exp. (133 salaries)	₹2.3 L/yr - ₹5 L/yr 45% less
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ArcelorMittal Nippon Steel Junior Mechanical Engineer Salary 1 - 3 years exp. (5 salaries)	₹2.4 L/yr - ₹3.5 L/yr 55% less
Jindal Steel and Power Junior Mechanical Engineer Salary 1 - 6 years exp. (51 salaries)	₹2 L/yr - ₹4.5 L/yr 46% less
ArcelorMittal Junior Mechanical Engineer Salary 2 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹6 L/yr 41% less
Bhushan Power & Steel Junior Mechanical Engineer Salary 1 - 5 years exp. (5 salaries)	₹2.2 L/yr - ₹3.6 L/yr 58% less
Jindal Stainless Junior Mechanical Engineer Salary 1 - 5 years exp. (54 salaries)	₹2.6 L/yr - ₹4.8 L/yr 45% less
Jai Balaji Group Junior Mechanical Engineer Salary 0 - 5 years exp. (6 salaries)	₹2 L/yr - ₹3.1 L/yr 60% less
Bmm Ispat Junior Mechanical Engineer Salary 3 - 4 years exp. (4 salaries)	₹1.3 L/yr - ₹3 L/yr 65% less
Aarti Steels Junior Mechanical Engineer Salary 2 - 3 years exp. (3 salaries)	₹3 L/yr - ₹3.8 L/yr 50% less
VISA Steel Junior Mechanical Engineer Salary 8 - 11 years exp. (3 salaries)	₹3.6 L/yr - ₹4.8 L/yr 38% less
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Junior Mechanical Engineer salary at Steel Exchange ranges between ₹4.5 Lakhs to ₹7.5 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of Steel Exchange.

Experience wise Steel Exchange Junior Mechanical Engineer salaries

Last Updated: 30 Dec 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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10 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr

Similar Designation salaries in Steel Exchange

Mechanical Engineer Salary

(4 salaries)

₹3 L/yr - ₹3.6 L/yr

Junior Engineer Salary

(6 salaries)

₹2.8 L/yr - ₹3.6 L/yr

Maintenance Engineer Salary

(4 salaries)

₹4 L/yr - ₹4.8 L/yr

Senior Engineer Salary

(9 salaries)

₹4 L/yr - ₹10 L/yr

Assistant Engineer Salary

(7 salaries)

₹2.65 L/yr - ₹4 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Deputy Manager Salary

(4 salaries)

₹7.9 L/yr - ₹15 L/yr

Trainee Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Supervisor Salary

(4 salaries)

₹2 L/yr - ₹4.3 L/yr

Salary related reviews for Steel Exchange

1.0

Rated by 1 employees for salary & benefits

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

Salary - Poor

+5 more

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

Salary - Good

+5 more

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

Salary - Bad

+6 more

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.

Salary - Good

+5 more

Dislikes

slowdown of power and steel business leading to company growth stalled

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Steel Exchange Junior Mechanical Engineer Salary FAQs

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

According to AmbitionBox, 100% of the Steel Exchange Junior Mechanical Engineers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Steel Exchange Junior Mechanical Engineer Salaries

Steel Exchange Junior Mechanical Engineer salary in India ranges between ₹4.5 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Steel Exchange latest salaries received from various employees of Steel Exchange.