Breaking Corporate Events, Analysed in Real Time

Steel Exchange India Signs 4-Year MoU With NMDC for Iron Ore Fines Supply

Steel Exchange India Limited has executed a Memorandum of Understanding with NMDC Limited to establish a framework for iron ore fines procurement. The four-year agreement focuses on sourcing high-grade material from NMDC’s upcoming facility in Visakhapatnam to power the company's integrated steel manufacturing operations.

Steel Exchange India Q4 EBITDA Surges 118% as TMT Volumes Drive Strong Recovery

Steel Exchange India Ltd (SEIL) achieved significant sequential growth in Q4 FY26, with EBITDA margins expanding to 17.41%. The company is transitioning through a strategic partnership with the IMR Group and targeting a substantial increase in TMT production capacity.