Tag: Rebar Inventory
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India: RINL reduces Aug’21 inventory on adequate export shipments
State-owned Rashtriya Ispat Nigam Limited (RINL) has been able to reduce its inventory in Aug’21, as per data available with SteelMint. Inventory levels reduced by around 17% to 2.86 lakh tonnes against a closing stock of 3.44 lakh tonnes seen in Jul’21. The inventory liquidation was mainly on account of substantial export bookings made in…