Business Update13 Jun 2026, 04:51 pm
Steel Exchange India Gets APCRDA Approval for TMT Bars
AI Summary
Steel Exchange India Ltd has received approval from the Andhra Pradesh Capital Region Development Authority (APCRDA) on June 12, 2026, for the usage of its "Simhadri TMT" brand TMT bars in the Amaravati Capital City construction works. This approval covers various grades including Fe550, Fe500D, Fe550D, and Fe550D CRS. The vendor approval is for ongoing and upcoming APCRDA projects, expected to enhance the company's visibility and participation in regional infrastructure development.
Key Highlights
- APCRDA approved Steel Exchange India's TMT bars for Amaravati construction.
- Approval covers 'Simhadri TMT' brand and specific steel grades.
- Vendor approval is for ongoing and upcoming APCRDA projects.
- Expected to boost company's visibility in regional infrastructure.
Price Impact
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