Tag: stares at output loss in Feb

India: RINL sees further inventory drop in Jan, stares at output loss in Feb

Feb 2, 2022

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Admin Operation

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PSU major Rashtriya Ispat Nigam Limited (RINL) seems to be sustaining its inventory depletion trend for the second month in a row. Closing stock of inventories in end-Jan’22 are expected to be at 0.27million tonnes (mnt), down almost 74,000 t against Dec’21’s closing stock of around 0.34 mn t. It may be recalled Jan’22 inventory…