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India's RINL has kept one blast furnace still because January

Gangya Metal656 people have read

Indian government-run steel manufacturer Rashtriya Ispat Nigam Limited (RINL) has actually maintained among its 3 blast heating systems idle bluescope coilsince January this year, owing to the high price of coking coal as well as the succeeding slowdown in the residential finished steel market, resources claimed on Wednesday, June 22. The sources said that, of RINL's three blast furnaces at its mill located in the southern port community of Vishprepainted steel coil priceakhapatnam, the still blast heating system has a capability of 2.5 million mt per year. The various other two blast heaters presently operational have capabilities of 2.5 million mt annually each.According to the resources, in spite of one blast heating system not being operational throughout January-March 2022, RINL achieved its highest-ever crude steel production during the 2021-22. The Indian federal government has currently launched the process for the privatization of RINL with 100 percent disinvestment of government-held equity to a personal investoGangya steel

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