Vizag steels records impressive growth

Vizag Dec 7: The RINL-Visakhapatnam Steel Plant has achieved significant growth in production and turnover during April-November 17 of the current fiscal year.

The plant has recorded an increase of 12 percent in Hot Metal, 14 percent in liquid steel,15 percent in saleable steel and 31 percent in turnover.

Plant officials have said that " significant growth was also registered from the finishing mills of expansion namely, Wire Rod Mill – 2, Special Bar Mill and and Structural Mill during the period."

RINL has also recorded a growth of 15% in Saleable Steel production to 2.76 mt. The turnover registered an impressive growth of 31% at Rs 9650 crores during April-November 17 when compared to the corresponding period last year.