Friday, 04 Sep 2026 Breaking: Argentina legend Batistuta scores brace in Fiorentina's 100th anniversary match
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
Business

Steel Exchange India Sets New Production Record with Highest-Ever Re-Bar Output in August 2026

Steel Exchange India Sets New Production Record with Highest-Ever Re-Bar Output in August 2026

PNN
Visakhapatnam (Andhra Pradesh) [India], September 4:  Steel Exchange India Limited (NSE: STEELXIND | BSE: 534748) has achieved its highest-ever monthly production of Re-Bars since inception, recording 24,823.509 Metric Tonnes (MT) during August 2026 at its Rolling Mill. The achievement follows the successful commissioning and operationalisation of the Reheating Furnace (RHF), which has strengthened the Company’s production capabilities and supported higher Rolling Mill utilisation.
The total August production comprised 17,358.221 MT from the Continuous Casting Machine (CCM) and 7,465.288 MT from the newly operationalised Reheating Furnace (RHF). The addition of the RHF has increased the Company’s monthly Re-Bar production capability by approximately 27%, marking a significant step-up in production capacity.
Record Monthly Production
-         Production Facility – August 2026 Production (MT)
-         Continuous Casting Machine (CCM) 17,358.221 (MT)
-         Reheating Furnace (RHF) 7,465.288 (MT)
-         Total Re-Bar Production 24,823.509 (MT)
The increased production capability is expected to be sustained going forward, with the operationalisation of the Reheating Furnace providing an ongoing enhancement to the Company’s Re-Bar production capacity.
RHF Strengthens Production Capabilities
The successful commissioning and operationalisation of the Reheating Furnace marks an important milestone in strengthening the Company’s Rolling Mill operations. The RHF contributed 7,465.288 MT of Re-Bar production during August 2026, representing a substantial addition to the Company’s production output.
With the RHF now operational, the Company expects to benefit from higher production capacity, improved capacity utilisation and enhanced operational efficiency going forward, enabling it to better cater to the growing demand for its Re-Bar products.
The Company’s is focused on progressively improving capacity utilisation and working towards achieving the full potential of these capacities in the coming period, providing further scope for sustained growth in production volumes.
Strengthening Manufacturing Capabilities
The record monthly production underscores Steel Exchange India’s continued focus on capacity expansion, operational efficiency and strengthening its manufacturing platform.
The increase in production capability further supports the Company’s efforts to scale production and strengthen its position in the steel manufacturing segment, including through its SIMHADRI TMT brand.
Commenting on the operational performance, the management of Steel Exchange India Limited said: “Achieving our highest-ever monthly Re-Bar production is a significant operational milestone for Steel Exchange India. The successful commissioning and operationalisation of the Reheating Furnace has increased our monthly production capability by approximately 43% and contributed meaningfully to the record output achieved during August. With the RHF now operational, we expect this enhanced production capability to be sustained going forward. We remain focused on improving capacity utilisation, operational efficiency and production volumes while meeting the growing demand for our products.”
About Steel Exchange India Limited
Steel Exchange India Limited (SEIL), part of the Vizag Profiles Group, is a leading manufacturer of TMT rebars under the brand ‘SIMHADRI TMT’. Founded in 1999, the Company has grown from a steel trading and online platform into one of the most trusted integrated steel manufacturers in Andhra Pradesh and Telangana.
SEIL operates an Integrated Steel Plant & Power Unit in Vizianagaram Dist, Near Visakhapatnam. These facilities house sponge iron, billet, rolling mill, and power generation capacities, enabling complete backward and forward integration for long steel production.
With a strong brand presence and supply track record to the Armed Forces and critical infrastructure projects, SEIL is known for quality and reliability. In line with the ‘Atmanirbhar Bharat’ vision, the Company is diversifying into specialty steels under the PLI scheme to support import substitution and expand its value-added offerings.
(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same.)

Tags

Related News

Introducing PAWTALKS: India's Trusted Platform for Conversations on Pet & Animal Healthcare
Business
Introducing PAWTALKS: India's Trusted Platform for Conversations on Pet & Animal Healthcare

<p>PNN<br/>New Delhi [India], September 4: With India’s pet care industry witnessing unprecedented growth, the need for...

“Beginning of what this relationship can become”: New South Wales govt concludes trade mission to India to expand business and investment links
Business
“Beginning of what this relationship can become”: New South Wales govt concludes trade mission to India to expand business and investment links

<p>New Delhi [India], September 4 (ANI): The New South Wales (NSW) Government has wrapped up its first trade mission to...

Data centres in India see shift in foreign investment to debt, minority stakes: S&P Global
Business
Data centres in India see shift in foreign investment to debt, minority stakes: S&P Global

<p>New Delhi [India], September 4 (ANI): Foreign private equity and infrastructure funds are shifting their investment s...

Inspiring Change Through Words: Explore Life, Wellness, Relationships And Transformation With These New Authors
Business
Inspiring Change Through Words: Explore Life, Wellness, Relationships And Transformation With These New Authors

<p>SMPL<br/>Pune(Maharashtra) [India], September 4: A compelling collection of books brings together ten distinctive aut...

Rawbare Wins Excellence in Consumer Choice Eyewear Brand at ET Now Business Conclave & Awards 2026
Business
Rawbare Wins Excellence in Consumer Choice Eyewear Brand at ET Now Business Conclave & Awards 2026

<p>PNN<br/>Mumbai (Maharashtra) [India], September 4: Indian direct-to-consumer eyewear brand Rawbare has won Excellence...

Commercial vehicles, construction equipment to drive auto growth as passenger vehicles, tractors remain subdued: Nuvama
Business
Commercial vehicles, construction equipment to drive auto growth as passenger vehicles, tractors remain subdued: Nuvama

<p>New Delhi [India], September 4 (ANI): The global auto cycle is likely to remain uneven through the rest of CY26, with...