RINLs April Hot Metal Output Hits All-time High With 20% YoY Growth
New Delhi: State-owned Rashtriya Ispat Nigam Ltd (RINL) has reported its strongest April performance on record, producing 4,19,000 tonne of hot metal, a growth of 20% compared to the corresponding period last year.
This achievement is attributed to the operation of two blast furnaces, with Blast Furnace-1 producing 202,000 tonne of hot metal, and Blast Furnace-2 producing 218,000 tonne of hot metal.
In addition to this, RINL’s Structural Mill marked an impressive growth, producing 61,000 tonne of products, more than double the output of the same period last year.
The steelmaker also reported production of 143,000 tonne of finished steel from expansion units, including the Wire Rod Mill-2, Special Bar Mill, and Structural Mill.
The production of high-end value-added steel also grew significantly, reporting a growth of over 100% from the corresponding period last year, reaching 80,000 tonne.
RINL also set new technical benchmarks during April 2023, with the Blast Furnace Shop reporting a productivity of 2.09 tonne of hot metal per day per cubic meter from both Blast Furnace-1 and Blast Furnace-2.
Blast Furnace-1 and Blast Furnace-2 also reported a productivity of 2.01 and 2.17 tonne of hot metal per day per cubic meter, respectively, marking the highest performance ever achieved by RINL for any April month since its inception.
Catch all the
Corporate newsand Updates on Live Mint. Download The
Mint News Appto get Daily
Market UpdatesBusiness News.
Next Story
No Network
Server Issue
Internet Not Available
The Self-Destructive Nature Of Anti-Tourism Protests: Balancing Resident Concerns With Tourism Benefits
In recent years, anti-tourism protests have become increasingly common across popular tourist destinations. From the Bal... Read more
Military And Strategic Implications Of The Ukrainian Drone Attack In Kursk
On a recent morning, the Kursk region in south-western Russia witnessed an unexpected and significant event: a Ukrainian... Read more
Chinese Tech Stocks Gain Ground Despite Wall Street Technology Sell-Off
Chinese tech shares in Hong Kong gained on Friday, defying a technology stock sell-off on Wall Street, driven by strong ... Read more
Defense Pact Between Britain And Germany: A Focus On Cybersecurity And Joint Operations
In a move set to redefine European defense collaboration, Britain and Germany have signed a comprehensive defense pact a... Read more
US Secret Service Director Steps Down After Trump Assassination Attempt
Security lapses admitted by Kimberly Cheatle prompt resignation.Kimberly Cheatle, the head of the US Secret Service, has... Read more
Kamala Harris Promises A Brighter Future In Official Campaign Launch
In a vibrant and impassioned campaign launch, Vice President Kamala Harris vowed to lead America toward a "brighter futu... Read more