Neelachal Ispat Nigam Limited (NINL) – based at Kalinganagar Industrial Complex, Odisha – produced 171,550 MT of hot metal in the first three months (April-June) of the 2017-18. This is the company’s second best first quarter (Q1) hot metal production since inception.
NINL has witnessed significant improvement in its hot metal production in the first quarter of the current financial year. The company’s May monthly hot metal production of 62,670 MT in this fiscal is the third best May production since inception.
The April monthly production of 60,160 MT of hot metal in this fiscal is also the company’s best April production in the last four financial years and third best April production since inception.
NINL has plans to execute the Blast Furnace Capital Repair in the second quarter of the present Financial Year. After the Capital Repair, Hot Metal production will be more than 3,200 MT per day.
On monthly premises, company’s hot metal output has come down by 22% from 62,670 MT in May’17 to 48,720 MT in Jun’17.
NINL – promoted by MMTC Ltd, Industrial Promotion & Investment Corporation of Odisha Ltd (Ipicol), Odisha Mining Corporation (OMC) and other government agencies – has set up an 1.1 million tonnes of integrated iron and steel plant at Kalinganagar, Odisha. It is the country’s highest exporter of pig Iron since 2004. Presently, the products are steel billets, pig iron and LAM (low ash metallurgical) Ccoke along with Nut Coke, Coke Breeze, Crude Tar, Ammonium Sulphate and Granulated Slag.
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