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NMDC for a third party in pipeline, pellet plant JV with RINL

Last Updated: Sunday, September 15, 2013, 17:44

The two state-run firms, under the administrative control of the Steel Ministry, had in May last year signed an MoU for the venture to make it a win-win for both.

RINL may have to spend Rs 1,000-cr to tide over water crisis

Last Updated: Monday, September 09, 2013, 13:56

The situation would turn out to be difficult with the capacity of the plant getting expanded to 6.3 million tonnes per annum (mtpa) in less than a year's time from 2.3 mtpa at present.

RINL plans to raise exports to 25% of total sales in future

Last Updated: Thursday, September 05, 2013, 18:50

"We plan to increase our exports in overall sales pie for which we have created a separate division 'International Marketing Division," a top RINL official said here.

RINL saleable steel production up 9% in April-August

Last Updated: Tuesday, September 03, 2013, 22:08

Production of saleable steel stood at 1.11 million tonne during the same period last year.

SAIL-led consortium's $10.8 bn Afghan plan to take off soon

Last Updated: Thursday, August 22, 2013, 15:30

AIFSCO has public sector firms SAIL, RINL and NMDC holding a combined 56 percent stake.

RINL IPO may not happen this fiscal because of weak markets

Last Updated: Sunday, August 18, 2013, 17:00

Rashtriya Ispat Nigam Ltd, the corporate entity of Vizag Steel, may not go for the proposed IPO this fiscal because of the worsened market conditions, sources said.

Rashtriya Ispat decides to prune stake in Afghanistan project

Last Updated: Monday, July 22, 2013, 16:00

RINL, which has 18 percent stake in SAIL-led consortium, Afghan Iron and Steel Consortium (AIFSCO), has decided to trim its stake to "as low as it can" in the project.

RINL-MOIL explore setting up ferro alloy unit at Vizag

Last Updated: Sunday, July 07, 2013, 17:54

RINL has its lone steel-making facility in Vizag.

RINL Q1 steel output up 14%, inks MoU for mineral exploration

Last Updated: Wednesday, July 03, 2013, 22:57

Rashtriya Ispat Nigam Ltd (RINL) Wednesday said it recorded 14 percent growth in finished steel production in the quarter ended June 30 over the same period last year.

Heads of two SAIL steel plants in fray for RINL top job

Last Updated: Tuesday, June 11, 2013, 19:44

RINL, which is expanding its steel-making capacity to 6.3 million tonnes per annum from 3 mtpa now, has aims to have a 20 mtpa production capacity in the next two years.

SAIL or RINL for 50% of NMDC's Chattisgarh steel plant?

Last Updated: Sunday, June 09, 2013, 14:09

Steel Authority of India (SAIL) and Rastriya Inspat Nigam Ltd are the only two bidders for iron-ore minor NMDC's 50 percent stake in the upcoming three million tonne per annum steel plant in Chhattisgarh.

Steel Ministry pitches for two coal blocks for RINL

Last Updated: Sunday, June 09, 2013, 13:47

The Steel Ministry has pitched for two Jharkhand-based coal blocks - Aluara and Parbatpur North - for allocation to Rashtriya Ispat Nigam (RINL) from among the 17 to be given to PSUs on the dispensation route.