RINL clocks 34% revenue growth in September

Last Updated: Wednesday, October 9, 2013, 15:23

Buoyed by a whopping 63 percent volume growth, Rashtriya Ispat Nigam's sales revenue rose by 34 percent to Rs 1,222 crore in September.

RINL to focus more on exports

Last Updated: Wednesday, October 9, 2013, 11:56

In a bid to mitigate the negative impact of the appreciating US dollar on profitability in the long run and also to expand international footprints, Rashtriya Ispat Nigam Ltd (RINL) mulls to focus more on exports, a senior official of the company said.

RINL to invest Rs 60K cr to have 20 MT capacity by 2027

Last Updated: Thursday, October 3, 2013, 17:49

State-owned steelmaker RINL is looking to invest Rs 60,000 crore on tripling capacity to 20 million tonne by 2027, a top company official said on Thursday.

RINL records 16% growth in sales volume in H1

Last Updated: Tuesday, October 1, 2013, 20:09

The company registered a growth of 12 percent in finished steel production in H1 compared to the corresponding period last year and the production of value added steel increased by 11 percent.

RINL hopes to expand capacity to 4.5 mt next fiscal

Last Updated: Sunday, September 22, 2013, 15:16

Public sector steel firm Rashtriya Ispat Nigam (RINL) is likely to increase its production capacity to 4.5 million tonne by the end of next fiscal, a top company official has said.

RINL hopes to expand capacity to 4.5mt next fiscal

Last Updated: Sunday, September 22, 2013, 12:55

"We hope to expand our manufacturing capacity to 4.5 million tonne (mt) by the end of the next fiscal," a senior RINL official, who wished not to be quoted, said.

RINL aims to double exports to Rs 1,200 crore in near term

Last Updated: Tuesday, September 17, 2013, 22:17

As per the company, it plans to set up steel processing units in Sri Lanka and other neighbouring countries to roll its billets in these regions.

NMDC for a third party in pipeline, pellet plant JV with RINL

Last Updated: Sunday, September 15, 2013, 17:44

The two state-run firms, under the administrative control of the Steel Ministry, had in May last year signed an MoU for the venture to make it a win-win for both.

RINL may have to spend Rs 1,000-cr to tide over water crisis

Last Updated: Monday, September 9, 2013, 13:56

The situation would turn out to be difficult with the capacity of the plant getting expanded to 6.3 million tonnes per annum (mtpa) in less than a year's time from 2.3 mtpa at present.

RINL plans to raise exports to 25% of total sales in future

Last Updated: Thursday, September 5, 2013, 18:50

"We plan to increase our exports in overall sales pie for which we have created a separate division 'International Marketing Division," a top RINL official said here.