Tag: India: RINL’s Nov inventory up 41% m-o-m as demand stays subdued

Rashtriya Ispat Nigam Limited’s Nov’21 inventory levels increased 41% or 90,000 tonnes (t) m-o-m to 0.310 million tonnes (mn t) against 0.220 mn t seen at the close of Oct’21. RINL, along with other mills, battled inventory in November, which is a cause for concern because of the dull exports scenario. Not many fresh bookings…