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05 Jan
12:16

RINL increases exports 28% in April-December 2015

Rashtriya Ispat Nigam (RINL) reported a 21% on-year increase in saleable steel production in April-December 2015 despite “… volatile and difficult” market conditions in India, the state-owned steelmaker says without providing a tonnage. Revenue grew 8% on-year in the period to INR 8,636 crore ($1.3 billion), of which INR 935 crore came from export sales, up 28%. Shipments in December totalled 500,000 tonnes, the highest for any December on rec…
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