Tag «rinl»

MSTC, RINL, AND MINISTRY OF STEEL DEVELOPS A NEXUS TO BRING NORTH-EAST WITH THE CENTER

New Delhi, April 11, 2018: MSTC and Rashtriya Ispat Nigam Limited (RINL) recently announced their joint association on “Development of Rural Sector for enhanced steel usage in infrastructure & housing and increasing Agri-Horticultural income in North-East”. The announcement was aimed to make the audience aware of the strategic collaboration between two of the most powerful public sector …

Investment in RINL to Increase its Capacity

The Minister of State for Steel, Shri Vishnu Deo Sai has said that Rashtriya Ispat Nigam Ltd. (RINL) has engaged a consultant to assess the full potential of growth at the existing layout at Visakhapatnam and in line with the report, RINL has revised its mission to attain 20 million tonne per annum (mtpa) capacity. …

Steel Minister’s Effort to Increase Steel Demand and Reach in Rural Areas

In order to increase the demand of steel in rural areas and to boost steel consumption, the Union Minister of Steel, Shri Beni Prasad Verma has been stressing on the need for setting up Steel Processing Units (SPUs). The effort aimed at bridging the disparity between the national consumption of 60 kg of steel per …

Steel Minister Leads A Delegation to Canada for Acquisition of Minerals RINL inks MOU with Mc Master University to strengthen R&D

A High Level delegation led by the Union Minister of Steel Shri Beni Prasad Verma, currently on a week-long tour to Canada, reached Toronto on 15th July with an objective to have cooperation between organizations of both the countries for sourcing/acquisition of minerals, viz. coking coal and iron ore, as a long term perspective for …

INSDAG dedicates “Steel : with you, all through” to the Nation

The Institute of Steel Development and Growth (INSDAG) the apex body dedicated to spreading awareness about the consumption and production of steel in India has helped create a documentary film christened “Steel : with you, all through”. The 28 minute film directed by Asha Samsi and created by R. N. Productions not only traces the …

DANIELI targets Indian steel market

Sanat Kumar Bhaumik a first class mechanical engineering graduate from Bengal Engineering College, Shibpur, University of Calcutta with MBA from All India Management Association, New Delhi has more than 37 years of total experience in MECON Limited, Wean United Inc., Siemens VAI Metals Technologies and Danieli India in the areas of design, technology, …

Investment in Steel Sector

The Minister of Steel, Shri Beni Prasad Verma has said that Steel is a deregulated sector. The role of Government is that of a facilitator. The Government promotes /encourages growth of steel industry through suitable policy measures based on its assessment of industry performance. As far as the setting up of steel investment projects is concerned, the size …

World Steel Association elects new officers and welcomes new members

New Delhi, 10 October 2012 – The Board of Directors of the World Steel Association (worldsteel) has elected the following new officers for 2012/2013: Chairman: Alexey Mordashov, General Director, Severstal JSC Vice Chairmen: Xiaogang Zhang, President, Anshan Iron & Steel Group Corporation Joon-Yang Chung, Chairman and CEO, POSCO Treasurer: John Surma, Chairman and CEO, United …

Government decides not to Proceed for the Time being with the initial Public offer of 10% Paid-P Equity Shares Of Rashtriya Ispat Nigam Limited (RINL);

Government Remains Committed to the Disinvestment Programme and will Evaluate the Decision in due Course keeping in View all Relevant Factors. Rashtriya Ispat Nigam Limited (RINL) had earlier proposed to make an initial public offer of 488,984,620 Equity Shares of Rs. 10 each by way of an offer for sale by the President of India, …