Steel Exchange India Ltd, established in 1999, is a diversified Indian company with operations in steel production, trading, and software development. The company comprises six divisions, including Trading, Steel Melting, Rolling, Wire Drawing, Pyxis Software, and Sponge Iron. The Trading Division deals in sponge iron and steel products, collaborating with RINL and other manufacturers. The Steel Melting Division produces ingots, while the Rolling Division manufactures TMT bars and rebars. The Wire Drawing Division specializes in carbon and galvanized wire products.
Additionally, the Pyxis Software Division focuses on software development, while the Sponge Iron Division, located in Viziznagaram, has a 225,000 TPA capacity. Through strategic mergers and acquisitions, including with Vizag Profiles Ltd and Simhadri Steels Pvt Ltd, the company has expanded its operations and capabilities. The integration of these businesses and the leasing of a Sponge Iron unit from GSAL (India) Ltd reflect Steel Exchange India Ltd's commitment to growth and diversification.
