Steel Exchange India Ltd Boosts Production Capacities by 44.8% and 58.67% for Billet and Rolling Bar Mills Respectively

Steel Exchange India Ltd has successfully completed capital works in their integrated steel plant, leading to an increase in production capacities for their Billet and Rolling Bar mills. The Billet plant's capacity has been increased by 44.8%, while the Rolling Bar mill's capacity has been boosted by 58.67%. This expansion could potentially save up to Rs 3000 per ton of 8 mm and 10 mm sizes produced, which were previously processed outside. The commercial production is expected to commence from 18th March 2025, with financing through a mix of term loans and internal accruals. The plant is located in Sreeramapuram Village, L.Kota Mandalam, Vijayanagaram ( Dist), Near Vishakapatnam.