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Steel Exchange India receives MES renewed approval to supply TMT bars

06 May 2026 Evaluate

Steel Exchange India has received renewal of approval from the Military Engineer Services (MES), under the Ministry of Defence, for the supply of its TMT bars. This approval pertains to the manufacturing of TMT bars under the brand SIMHADRI TMT, of grades Fe 500D and Fe 500D HCRM, in the size range of 8 mm to 32 mm, produced at the company’s integrated steel plant located at Sriram Puram, Vizianagaram, Andhra Pradesh, using TEMPCORE technology.

The said renewal enables the company to continue manufacturing and supply of TMT Bars in accordance with applicable standards and regulatory requirements. This renewal reflects its consistent focus on quality and disciplined execution, which are critical for institutional supply. It reinforces its position in a segment characterized by stringent standards and high entry barriers. It sees this as an important step in sustaining its participation in MES projects and strengthening its presence in government and infrastructure-linked segments.

Steel Exchange India is India’s first online steel e-commerce portal established in 1999 and is dedicated to the Indian steel industry specifically and to steel as a whole.


Steel Exchange India Share Price

10.74 0.73 (7.29%)
06-May-2026 16:59 View Price Chart
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