The Rasthriya Ispat Nigham Limited (RINL), the corporate entity of the Visakhapatnam Steel Plant (VSP), had registered a sales volume of 1.57 lakh tonnes of ‘value-added steel’ in August, a press release issued by the company said here on Saturday.
“It is the best-ever in the category in any month since inception,” the release added.
The cumulative volume of sales of the ‘value-added’ steel achieved during April-August was 5.57 lakh tonnes.
The volume of sales of 99,000 tonnes of ‘rounds’ in August was also the best-ever in the category for any month, the release said.
Similarly, a sale of 79,000 tonnes of wire rod coils, 1.99 lakh tonnes of rebars and 46,000 tonnes of Structural was achieved in August.
The overall sales turnover was ₹2,502 crore, which was 39% higher than the turnover of ₹1,806 crore achieved in August the previous year, the release added.
