Breaking News

Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption

RINL achieves 20% increase in crude steel output in April

442734_1715247301_small.png
Mid Corporate 09 May 2024 03:05 PM IST Steel Orbis

RASHTRIYA ISPAT NIGAM LIMITED (RINL), an Indian government-run steel producer, produced 419,000 million tonnes (MT) of crude steel from its two operational blast furnaces in April this year, up 20% year on year, according to a company statement issued on Wednesday, May 8.

The company reports that blast furnace No. 1 produced 202,000 MT of crude steel in April, up 14% from the previous year, and blast furnace No. 2 produced 218,000 MT, up 26%.

The company claimed that finished steel output increased by 100% year on year to 143,000 MT in April.