STEEL EXCHANGE INDIA LIMITED — New Orders, 21-07-2025: Bagging/Receiving of orders/contracts

Steel Exchange India Limited has secured a conversion contract from public sector company Rashtriya Ispat Nigam Limited (RINL). The contract, valued up to INR 210 Cr (INR 70 Cr PA for 3 Years), involves converting 1.20 lakh tons PA billets into Vizag Steel TMT rebars. This work will utilize the company's existing new rolling mill, aiming for better capacity utilization and increased revenues. The contract is for 2 years, extendable by 1 year.