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RINL posts 31% growth in turnover

Staff Reporter, New Delhi
07/12/2017   0 Comments

The Rashtriya Ispat Nigam Limited- Visakhapatnam Steel Plant has achieved significant growth in production and turnover. The steel plant has registered a 31% growth in turnover to Rs 9,650 crore during April-November’17 compared to the same period last year.

“It is very noteworthy that RINL could sustain the growth in November’17 also despite a shortage of iron ore due to damage to KK Line. RINL recorded a growth of 15% in Saleable Steel production to 2.76 mt over the CPLY (April - November) of 2.40 mt. The turnover also registered an impressive growth of 31% at Rs 9650 crores during April-November’17 when compared to the CPLY,” it said in a release.

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