India: RINL looking to achieve 1.3 mn t export target in FY ’21

State-owned steel producer Rashtriya Ispat Nigam Limited (RINL) is poised for a quantum jump in steel exports in FY ’21, the Ministry of Steel has updated in a Twitter post recently. Current export orders at hand are estimated at over 200,000 t for Mar ’21. Exports by the coastal steel producer comprise billets and blooms as well as finished products such as wire rod and re-bar. The integrated producer is looking to achieve an all-time high export target of 1.3 mn t in FY ’21. RINL’s steel exports in FY ’20 touched around 0.5 mn t.