The Hindu reported that the management of Rashtriya Ispat Nigam Limited has denied the allegations made by the representatives of the Visakha Ukku Parirakshana Porata Committee that it was deliberately reducing production. The Hindu report quoted a RINL press release as saying that “The views expressed are not portraying the prevailing steel market and business operation in the right perspective. On the contrary, in the current adverse situation, when there is an overall coal crisis both for domestic and international plants, RINL has optimized its plant operations and is performing at its best and setting new benchmarks in business operation.”Visakha Ukku Parirakshana Porata Committee leaders had alleged that the production was stopped though there was tremendous demand for steel in the market.In the calendar year 2021, RINL achieved more than 6 million tonnes of hot metal production for the first time and maintaining the same pace in 2021-22, it is on the way to achieve its best ever annual performance in hot metal, crude steel and saleable steel production. In fact, on its 40th Formation day on 18 February 2022, RINL’s Blast Furnace-1 has achieved its best-ever daily Hot Metal production of 8,019 tonnes.
The Hindu reported that the management of Rashtriya Ispat Nigam Limited has denied the allegations made by the representatives of the Visakha Ukku Parirakshana Porata Committee that it was deliberately reducing production. The Hindu report quoted a RINL press release as saying that “The views expressed are not portraying the prevailing steel market and business operation in the right perspective. On the contrary, in the current adverse situation, when there is an overall coal crisis both for domestic and international plants, RINL has optimized its plant operations and is performing at its best and setting new benchmarks in business operation.”Visakha Ukku Parirakshana Porata Committee leaders had alleged that the production was stopped though there was tremendous demand for steel in the market.In the calendar year 2021, RINL achieved more than 6 million tonnes of hot metal production for the first time and maintaining the same pace in 2021-22, it is on the way to achieve its best ever annual performance in hot metal, crude steel and saleable steel production. In fact, on its 40th Formation day on 18 February 2022, RINL’s Blast Furnace-1 has achieved its best-ever daily Hot Metal production of 8,019 tonnes.