Rashtriya Ispat Nigam Limited (RINL), the Indian government-owned steel producer, has kicked off the new financial year with remarkable results. The company has recorded its best-ever performance for any April month since its inception. RINL’s production of 4,19,000 tons of hot metal in April 2023 marks a 20% increase over the corresponding period last year (CPLY-April, 2022).
Impressive Growth Across All Operations
RINL’s two blast furnaces operated at full throttle, producing a total of 2,02,000 tons of hot metal from Blast furnace-1 (Godavari) and 2,18,000 tons of hot metal from Blast furnace-2 (Krishna). These figures represent a 14% and 26% increase, respectively, over CPLY. Moreover, the company’s structural mill produced 61,000 tons of products, marking an astonishing growth of over 100% compared to CPLY. RINL’s expansion units (Wire rod mill-2, Special Bar mill & Structural Mill) achieved a production of 1,43,000 tons of finished steel, while its high-end value-added steel production reached 80,000 tons, showing more than 100% growth over CPLY.
|Operation||Production (tons)||Increase over CPLY|
|Wire rod mill-2||1,43,000||N/A|
|Special Bar mill||N/A||N/A|
Record-Breaking Technical Performance
RINL’s impressive performance extended to technical parameters as well. Blast furnace productivity of 2.09 tons (of Hot Metal) /day/cum by BF Shop (both blast furnace 1 & 2 together), a Blast furnace productivity of 2.01 tons (of Hot Metal) /day/cum by Blast Furnace -1, and a Blast furnace productivity of 2.17 tons (of Hot Metal) /day/cum by Blast Furnace -2 were achieved during the month of April 2023. These figures are the best ever achieved for any April month since RINL’s inception, registering impressive growth of 20%, 14%, and 26%, respectively, over CPLY-April, 2022.
|Technical Parameters||April 2023 Figures||Growth compared to CPLY-April, 2022|
|Blast furnace productivity by BF Shop (both Blast furnace 1 & 2)||2.09 tons (of Hot Metal) /day/cum||20%|
|Blast furnace productivity by Blast Furnace-1||2.01 tons (of Hot Metal) /day/cum||14%|
|Blast furnace productivity by Blast Furnace-2||2.17 tons (of Hot Metal) /day/cum||26%|
Rashtriya Ispat Nigam Limited’s outstanding production and technical performance in April 2023 showcase the company’s unwavering commitment to providing high-quality steel products to its customers. The significant growth achieved across all operations positions RINL as a major player in the Indian steel industry. These achievements demonstrate RINL’s commitment to excellence, which bodes well for the company’s future growth and success.