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06 Apr
16:33

RINL boosts sales 27% in 2017 fiscal year

Rashtriya Ispat Nigam Limited (RINL) increased sales 27% on-year in the fiscal year through March 2017 (FY17) to 5.77 million tonnes. Revenue meanwhile rose 4% to INR 12,781 crores ($1.98 billion), Kallanish learns from the Indian steelmaker. Exports generated 8% of turnover. RINL’s sole Visakhapatnam (Vizag) Steel Plant increased hot metal, liquid steel and finished steel output 11%, 10% and 16% respectively on-year in FY17, RINL says without providi…
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