Steel Exchange India gets APCRDA approval for SIMHADRI TMT

Steel Exchange India Limited has received approval from the Andhra Pradesh Capital Region Development Authority (APCRDA) for its SIMHADRI TMT products. This approval allows the company's TMT rebars (Fe550, Fe500D, Fe550D, Fe550D CRS grades) to be used in ongoing and upcoming construction projects under the Amaravati Capital City development program. The approval has also been circulated to major EPC and construction firms involved in the project, enhancing SEIL's visibility. This milestone is expected to position Steel Exchange India as a key vendor for the ₹65,000 crore Amaravati project, reinforcing the brand's acceptance in infrastructure applications and supporting the company's growth strategy in Andhra Pradesh.