India’s RINL targets steel output of 6.4 million mt for FY 2019-20

Tuesday, 28 May 2019 10:18:09 (GMT+3)   |   Kolkata

Indian state-run steel producer Rashtriya Ispat Nigam Limited (RINL) has set a steel production target of 6.4 million mt for the fiscal year 2019-20, according to a company official.

The official said that the production target for the year will be formalized through a memorandum of understanding (MoU) to be signed with India’s Ministry of Steel next week.

For the fiscal year 2018-19, RINL had set a steel production target of 6.1 million mt, while it closed the year with steel production of 5.5 million mt.

AjoyDas
Ajoy Das
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I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.

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