Tag: RINL inventories update
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India: RINL inventories drop to a five-month low of 0.3 mn t in July
With demand recovery in the domestic market, inventories at RINL’s Visakhapatnam Steel Plant have dropped to a five-month low of 0.3 mn t in Jul’20 from a high of close to 0.7 mn t in Apr’20, as per SteelMint data. With the restarting of another furnace, crude steel output at 0.2 mn t in Jul’20…