Tag: RINL cash flow strategy
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India’s RINL continues billet export drive amid weak domestic demand
RINL prioritises billet exports over finished steel Middle East remains key destination for cargoes India’s state-owned Rashtriya Ispat Nigam Ltd (RINL) continued focusing on billet exports amid weak domestic demand for long steel products and mounting pressure on mill margins. BigMint learnt from market participants that the producer concluded a billet export tender for 30,000-60,000…