Neelachal Ispat Nigam Limited (NINL) in Odisha has started production of its own brand of TMT bars, with plans to expand the volume of value- added products.
This will be a significant step in the turnaround of the NINL, a company official said Friday.
The company aims to initially produce about 10,000 tonnes of its brand of "NINL SMART TMT" bars in a month from billets, produced at its state-of-the-art steel melting shop in Kalinga Nagar plant, the official said.
Sashi Shekhar Mohanty, Vice-Chairman and Managing Director of NINL said, "This will be a game changer for the company. In the coming days, the quantity of value-added products will go up as the NINL has invited 'Expression of Interest' for setting up of TMT bar-cum-rod mill."
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