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RINL pig iron production in April hits an all-time high with 20% year-on-year growth


New Delhi: State-owned Rashtriya Ispat Nigam Ltd (RINL) reported its strongest performance ever in April, producing 4,19,000 tonnes of pig iron, a 20% increase over the same period last year.

This performance is attributed to the operation of two blast furnaces, with Hoogfurn-1 producing 202,000 tons of pig iron and Hoogfurn-2 producing 218,000 tons of pig iron.

In addition, RINL’s Structural Mill experienced impressive growth, producing 61,000 tons of product, more than double the production in the same period last year.

The steelmaker also reported production of 143,000 tons of finished steel from expansion units including the Wire Rod Mill-2, Special Bar Mill and Structural Mill.

High value added steel production also grew significantly, growing more than 100% over the same period last year, to 80,000 tonnes.

RINL also set new technical benchmarks in April 2023, with the blast furnace shop reporting a productivity of 2.09 tonnes of pig iron per day per cubic meter from both blast furnace-1 and blast furnace-2.

Blast Furnace-1 and Blast Furnace-2 also reported productivity of 2.01 and 2.17 tonnes of pig iron per day per cubic meter respectively, marking the highest performance ever achieved by RINL in April since its inception.

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Joanna Swanson

Joanna Swanson is Europe correspondent at the Thomson Reuters Foundation based in Brussels covering politics, culture, business, climate change, society, economies and inclusive tech. With specific focus in breaking news, she has covered some of the world's most significant stories.