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14 Oct
10:12

RINL posts sales rise, eyes increasing export deliveries

Rashtriya Ispat Nigam (RINL)’s steel sales grew 5% on-month to 521,000 tonnes in September, against 498,000t a month earlier. Sales in April-September (H1) were at 2.6 million tonnes and turnover was INR 13,287 crores ($1.76 billion). In the September quarter, the company’s deliveries surged 40% on-quarter to 1.56mt and revenue was at INR 8,034 crores, Kallanish notes. “Amidst the pandemic crisis, meeting the nation's demand of liquid medica…
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