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RINL's sales in 2014-15 grow 8%

Last Updated: Thursday, April 03, 2014, 21:09

State-owned Rashtriya Ispat Nigam Ltd on Thursday said sales in 2013-14 grew by eight percent over the previous fiscal though turnover remained flat.

RINL turnover grows 2% to Rs 11,766 cr till Feb 28 this fiscal

Last Updated: Wednesday, March 05, 2014, 14:51

Rashtriya Ispat Nigam Ltd (RINL), the corporate entity of Vizag Steel, on Wednesday said its turnover up to February 28 in the current fiscal recorded 2 percent growth to Rs 11,766 crore.

RINL hopes to sell 1 mn tonne more steel on retail focus

Last Updated: Sunday, January 05, 2014, 17:44

The public sector steel-maker, which is expanding capacity to 7.3 MT, is also increasing focus more on retail sales for better margin.

RINL IPO will depend on market conditions: Steel Secretary

Last Updated: Monday, November 25, 2013, 17:26

The public issue of state-owned steel maker RINL will depend on stock market conditions and is likely to take some more time, Steel Secretary G Mohan Kumar said here Monday.

RINL to focus more on exports

Last Updated: Wednesday, October 09, 2013, 11:56

In a bid to mitigate the negative impact of the appreciating US dollar on profitability in the long run and also to expand international footprints, Rashtriya Ispat Nigam Ltd (RINL) mulls to focus more on exports, a senior official of the company said.

RINL to invest Rs 60K cr to have 20 MT capacity by 2027

Last Updated: Thursday, October 03, 2013, 17:49

State-owned steelmaker RINL is looking to invest Rs 60,000 crore on tripling capacity to 20 million tonne by 2027, a top company official said on Thursday.

RINL records 16% growth in sales volume in H1

Last Updated: Tuesday, October 01, 2013, 20:09

The company registered a growth of 12 percent in finished steel production in H1 compared to the corresponding period last year and the production of value added steel increased by 11 percent.

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.

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.

RINL plans to set up 3 mtpa steel plant in Jharkhand

Last Updated: Sunday, May 12, 2013, 11:20

Rashtriya Ispat Nigam Ltd (RINL) plans to set up a three million tonnes per annum (mtpa) steel plant in Jharkhand involving an estimated Rs 16,500 crore investment.

RINL committed to start operations in Bayyaram mines

Last Updated: Thursday, April 25, 2013, 22:21

State-owned Rashtriya Ispat Nigam Ltd (RINL) Thursday said it is committed to begin exploration of Bayyaram mines area to find out the exact quantum of iron ore reserves there and set up value addition facilities.

SBI sanctions Rs 2,500 cr to fund RINL expansion

Last Updated: Monday, February 25, 2013, 21:40

SBI Chairman Pratip Chaudhuri said bank authorities will on Tuesday meet the management of RINL, the corporate entity of Visakhapatnam Steel Plant, to complete formalities to hand over the loan amount.