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.

RINL saleable steel production up 9% in April-August

Last Updated: Tuesday, September 3, 2013, 22:08

Production of saleable steel stood at 1.11 million tonne during the same period last year.

RINL IPO may not happen this fiscal because of weak markets

Last Updated: Sunday, August 18, 2013, 17:00

Rashtriya Ispat Nigam Ltd, the corporate entity of Vizag Steel, may not go for the proposed IPO this fiscal because of the worsened market conditions, sources said.

Rashtriya Ispat asks NMDC to join Rs 2K-cr STML project

Last Updated: Thursday, August 15, 2013, 16:33

The reasons for BHEL's reluctance could not be immediately gathered.

Rashtriya Ispat decides to prune stake in Afghanistan project

Last Updated: Monday, July 22, 2013, 16:00

RINL, which has 18 percent stake in SAIL-led consortium, Afghan Iron and Steel Consortium (AIFSCO), has decided to trim its stake to "as low as it can" in the project.

Now, Monnet Ispat may abort Jharkhand plan

Last Updated: Sunday, July 21, 2013, 13:43

Monnet Ispat, which is setting up a 1.5 million tonnes per annum (mtpa) steel plant in Chhattisgarh, had signed an MoU with Jharkhand government in 2003.