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Steel Exchange Mechanical Engineer salaries in India

Annual salary range
6 - 8 years exp.
₹3 Lakhs - ₹3.6 Lakhs
Salary of majority employees
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28% less than the average Mechanical Engineer Salary in Iron & Steel Companies for 6 - 8 years of experience

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Last Updated: 11 Mar 2023

Companies similar to Steel Exchange for Mechanical Engineer

Company name Avg Annual Salary Open Jobs
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Tata Steel Mechanical Engineer Salary

0 - 10 years exp. (350 salaries)

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₹1.2 L/yr - ₹9.1 L/yr

arrow icon 33% more
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JSW Steel Mechanical Engineer Salary

0 - 13 years exp. (189 salaries)

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₹1.7 L/yr - ₹10 L/yr

arrow icon 51% more
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₹2.1 L/yr - ₹9.8 L/yr

arrow icon 59% more
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₹1.3 L/yr - ₹8 L/yr

arrow icon 39% more
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₹1.8 L/yr - ₹8.4 L/yr

arrow icon 62% more
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Vedanta Limited Mechanical Engineer Salary

0 - 7 years exp. (12 salaries)

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₹3.6 L/yr - ₹11.2 L/yr

arrow icon 104% more
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ArcelorMittal Mechanical Engineer Salary

0 - 6 years exp. (14 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 23% more
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Bhushan Power & Steel Mechanical Engineer Salary

2 - 12 years exp. (128 salaries)

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₹2.5 L/yr - ₹7.5 L/yr

arrow icon 51% more
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Vizag Steel Mechanical Engineer Salary

0 - 7 years exp. (12 salaries)

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₹1 L/yr - ₹6.5 L/yr

arrow icon 9% more
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Jai Balaji Group Mechanical Engineer Salary

1 - 8 years exp. (47 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 4% more
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Jindal Stainless Mechanical Engineer Salary

2 - 9 years exp. (43 salaries)

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₹2.5 L/yr - ₹6.4 L/yr

arrow icon 27% more
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Electrotherm Mechanical Engineer Salary

1 - 8 years exp. (38 salaries)

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₹1.8 L/yr - ₹4.8 L/yr

arrow icon 11% more
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Bmm Ispat Mechanical Engineer Salary

0 - 9 years exp. (28 salaries)

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₹2.5 L/yr - ₹4 L/yr

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₹2.1 L/yr - ₹5 L/yr

arrow icon 4% less
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Aarti Steels Mechanical Engineer Salary

0 - 7 years exp. (18 salaries)

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₹2.4 L/yr - ₹7 L/yr

arrow icon 16% more
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₹2.4 L/yr - ₹5.5 L/yr

arrow icon 2% less
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MSP Steel & Power Mechanical Engineer Salary

3 - 8 years exp. (14 salaries)

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₹2.5 L/yr - ₹5.7 L/yr

arrow icon 33% more
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Usha Martin Mechanical Engineer Salary

2 - 10 years exp. (14 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 27% more
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₹1.8 L/yr - ₹6.3 L/yr

arrow icon 48% more
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ISMT Mechanical Engineer Salary

1 - 32 years exp. (11 salaries)

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₹1.9 L/yr - ₹8 L/yr

arrow icon 27% more
View all
Mechanical Engineer salary at Steel Exchange ranges between ₹3 Lakhs to ₹3.6 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Steel Exchange.

Latest annual salaries shared by Steel Exchange Mechanical Engineer

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8 years exp.
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7 years exp.
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6 years exp.
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6 years exp.

Experience wise Steel Exchange Mechanical Engineer salaries

Last Updated: 11 Mar 2023

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.6 L/yr
7 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.5 L/yr
8 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.6 L/yr

Similar Designation salaries in Steel Exchange

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₹2.35 L/yr - ₹6.8 L/yr
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₹4 L/yr - ₹10 L/yr
Shift Engineer Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
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₹2.8 L/yr - ₹3.6 L/yr
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₹4 L/yr - ₹4.8 L/yr
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₹2.65 L/yr - ₹4 L/yr
Production Engineer Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
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₹4.2 L/yr - ₹6 L/yr
Deputy Manager Salary
(4 salaries)
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₹7.68 L/yr - ₹15 L/yr
Shift Incharge Salary
(5 salaries)
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₹3.9 L/yr - ₹6 L/yr

Salary related reviews for Steel Exchange

1.0

Rated by 1 employees for salary & benefits

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

read more

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

read more

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

read more

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.

read more

Dislikes

slowdown of power and steel business leading to company growth stalled

see more salary related reviews

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Steel Exchange Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Steel Exchange?
Mechanical Engineer salary at Steel Exchange in India ranges between ₹3.0 Lakhs to ₹3.6 Lakhs for experience between 6 years to 8 years. According to our estimates it is 28% less than the average Mechanical Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Steel Exchange India.
How does the salary of a Mechanical Engineer at Steel Exchange India compare with the average salary range for this job?
The average salary of a Mechanical Engineer at Steel Exchange is 28% less than the average salary of a Mechanical Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Steel Exchange to a Mechanical Engineer in India?
  • Vedanta Limited Mechanical Engineer Salary - ₹3.6 Lakhs to ₹11.2 Lakhs per year
  • Tata Metaliks Mechanical Engineer Salary - ₹5.3 Lakhs to ₹7.5 Lakhs per year
  • Lloyds Metals And Energy Mechanical Engineer Salary - ₹4.6 Lakhs to ₹6.5 Lakhs per year
  • Indian Metals & Ferro Alloys Mechanical Engineer Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
  • Jindal Steel and Power Mechanical Engineer Salary - ₹1.8 Lakhs to ₹8.4 Lakhs per year
What is the salary of a Mechanical Engineer in companies similar to Steel Exchange in India?
  • Steel Authority Of India Mechanical Engineer Salary - ₹2.1 Lakhs to ₹9.8 Lakhs per year
  • JSW Steel Mechanical Engineer Salary - ₹1.7 Lakhs to ₹10.0 Lakhs per year
  • Bhushan Power & Steel Mechanical Engineer Salary - ₹2.5 Lakhs to ₹7.5 Lakhs per year
  • Kirloskar Ferrous Industries Mechanical Engineer Salary - ₹1.8 Lakhs to ₹6.3 Lakhs per year
  • ArcelorMittal Nippon Steel Mechanical Engineer Salary - ₹1.3 Lakhs to ₹8.0 Lakhs per year
What is the estimated take home salary of a Mechanical Engineer at Steel Exchange in India?
The estimated take-home salary of a Mechanical Engineer at Steel Exchange ranges between ₹23,956 per month to ₹25,410 per month in India. The take-home salary calculation is based on the average Steel Exchange Mechanical Engineer salary in India which ranges between ₹3.0 Lakhs to ₹3.6 Lakhs per year for employees with experience between 6 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Mechanical Engineer at Steel Exchange?
According to AmbitionBox, 100% of the Steel Exchange Mechanical Engineers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Steel Exchange Mechanical Engineer salary in India ranges between ₹3 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Steel Exchange latest salaries received from various employees of Steel Exchange.