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06 Apr
01:00

RINL targets 4.3mt of saleable steel output this fiscal year, launches power plant

Rashtriya Ispat Nigam (RINL) is targeting hot metal production of 5 million tonnes in the fiscal year through March 2016, while liquid steel and saleable steel output is planned at 4.9mt and 4.3mt respectively. The target for turnover is INR 18,000 crores ($2.89 billion). The steelmaker recently commissioned a 120MW captive power plant fuelled entirely by blast furnace and coke oven gas. The INR 676-crore plant is “a step towards achieving self-su…
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