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06 Jul
01:00

RINL quarter-through-June sales up 34%, exports surge 189%

Rashtriya Ispat Nigam (RINL) reported a 34% on-year surge in deliveries in the fiscal quarter through June (FQ1), the Indian steelmaker says without providing tonnages. Turnover was at INR 2,762 crore ($435.4 million), while exports ballooned 189% to INR 425 crore in the quarter. Production growth in the three months of pig iron, liquid steel, saleable steel and coke was 6%, 9%, 14% and 5% respectively. The output of the latter three is the highest for any F…
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