Neelachal Ispat Nigam starts production of special grade steel billet

The company is also planning to market its own brand of TMT

Demand for higher steel grades to fuel imports in 2019: CARE Ratings
BS Reporter
Last Updated : Mar 02 2019 | 12:56 AM IST
Neelachal Ispat Nigam (NINL) has started production of special grade steel billet for structures of electrical power transmission towers. The Kalinganagar-based integrated steel plant produces steel billets at its Steel Melting Shop (SMS), which became operational in December. With this milestone, NINL, the largest producer and exporter of pig iron in the country, has set a target for a major share in the special grade steel billet supply for the power transmission and distribution segment, which is growing in accelerated pace in the country. The company is also planning to market its own brand of TMT, wire rods and structures through conversion agents.


One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story