Steel Exchange Wins RINL Contract

  Published 1 year ago

Steel Exchange India secures ₹210 crore RINL contract to convert billets into TMT bars, boosting capacity use and revenue.

  • Contract covers 1.2 lakh tons per annum billet conversion into VIZAG STEEL TMT bars over two years.
  • Deal value estimated at ₹210 crore over three years if extended; annual revenue up to ₹70 crore.
  • Work to utilize the existing rolling mill, enhancing operational efficiency and maximizing production capacity.

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