India’s RINL likely to restart idle blast furnace from August

Thursday, 25 May 2023 10:14:50 (GMT+3)   |   Kolkata

Indian government-run steel producer Rashtriya Ispat Nigam Limited (RINL) is likely to re-operationalize by August a blast furnace which has been lying idle since January 2022, company sources said on Thursday, May 25.

The sources said that bringing back the idle blast furnace into production is in line with RINL’s chairman and managing director Atul Bhatt’s recent statement that RINL will be ramping up production from its 7.3 million mt steel mill located in the southern port town of Vishakhapatnam starting from August.

The move to “re-fire” the idle blast furnace will come close on the heels of RINL’s two operational blast furnaces (I &II) achieving their highest-ever hot metal output of 419,000 mt in April this year, up 20 percent year on year.

The third blast furnace had been idled last year owing to the high cost of coking coal.

Similar articles

India’s RINL inks deals with TIL to source raw materials through LCs

29 Nov | Steel News

India’s RINL floats export tenders for 90 mm billets and wire rods

17 Nov | Longs and Billet

India’s RINL floats two billet export tenders for 30,000 mt each

06 Nov | Longs and Billet

RINL’s forged steel wheels unit likely to be transferred to SAIL

26 Oct | Steel News

India’s RINL extends deadline for bids in 30,000 mt billet export tender

13 Oct | Longs and Billet

India’s NMDC resumes iron ore supplies to RINL

11 Oct | Steel News

India’s RINL sees 40% rise in finished steel sales in H1 FY 2023-24

09 Oct | Steel News

India’s RINL seeks to import 60,000 mt of blast furnace grade coke

20 Sep | Scrap & Raw Materials

India’s RINL floats export tenders for billet and wire rod for November shipment

18 Sep | Longs and Billet

India’s JSW Steel Limited to increase share of long products in ongoing expansion projects

21 Aug | Steel News