2011 has been an eventful year for Rashtriya Ispat Nigam Limited.

An all time record was set by achieving a turnover of over INR 13,675 crore in 2011. This represents a whopping growth of 26% over 2010.

The sales turnover of over INR 1500 crore achieved in December 2011 is also the best for any December since inception. RINL has been registering sales turnover in excess of INR.1,000 crore consistently since Jun this year.

On the production front also, growth was achieved in hot metal production and further improvement was achieved in technical parameters such as BF productivity, fuel rate and specific energy consumption, during 2011.

The production of hot metal, liquid steel, finished steel and saleable steel achieved in the quarter ended Dec’11 represents a growth of 11%, 9%, 7% and 7% respectively over the corresponding period last year.

The value added steel constitutes 79% of total saleable steel produced during the year.