RINL kicks off new year with stellar performance

Navratna steel-making PSU Rashtriya Ispat Nigam (RINL) has registered the best performance in January 2023 for any January, since its inception
RINL kicks off new year with stellar performance
RINL kicks off new year with stellar performance

New Delhi: Navratna steel PSU RINL-VSP has started the new year with a stellar performance. During the 1st month of 2023, RINL has registered the production of 2,33,985 tons of hot-metal from Blast Furnace -1 (Godavari), 64,885 tons of products from Structural Mill, 1,75,094 tons of finished steel from expansion units (Wire rod mill-2, Special Bar mill & Structural Mill) are the unit wise best performance achieved for any month, since inception registering an impressive growth of 25 percent, 81 percent and 29 percent respectively over the corresponding period last year (CPLY).

On the front of the technical parameter, a blast furnace productivity of 2.22 tons (of Hot Metal) /day/cum by BF Shop (both blast furnace 1 & 2 together) and a Blast furnace productivity of 2.26 tons (of Hot Metal) /day/cum by Blast Furnace -1 achieved during the month of January 2023 are the BEST performance achieved for any month, since inception registering an impressive growth of 25 percent and 24 percent respectively over the corresponding period last year (CPLY).

Best performance for any January, since inception

Similarly, the production of 2,23,045 tons of Hot Metal from Blast Furnace -2 (Krishna), 59,024 tons of Wire Rods from Wire Rod Mill -2 and 3,95,830 tons of finished steel during January 2023 are the best performance achieved for any January month, since inception.

On the technical parameters front, a BF Productivity of 2.19 tons (of Hot Metal) /day/cum achieved in January 2023 by Blast Furnace-2 is the BEST performance achieved for any January month, since inception registering an impressive growth of 20 percent over the corresponding period last year (CPLY).

In addition to the above, the following are the significant achievements achieved by RINL, Visakhapatnam Steel Plant during January 2023.

1) Hot Metal production of 16,250 Tons achieved on 20th Jan'23 is the Best Daily production since inception from any two furnaces.
2) Hot Metal production of 4,57,030 Tons achieved in Jan'23 is the Best Monthly production since inception, from any two Blast furnaces.
3) Hot Metal production of 8,100 tons achieved from Blast Furnace-1 on 15th Jan'23 is a New Day Peak. (Best daily production from BF-1)
4) Finished Steel production from Expansion units (1,75,094 tons) in Jan'23 crossed its rated capacity for the first time.

Disclaimer: This story is a press release and is being published without any editing by the PSU Watch desk. Our editorial team has only changed the headline.

(PSU Watch– India's Business News center that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

logo
PSU Watch
psuwatch.com