Rashtriya Ispat Nigam shuts down two blast furnaces at Visakhapatnam plant
The first blast furnace was shut down in March
State-run steel maker Rashtriya Ispat Nigam (RINL) has shut down two blast furnaces at its Visakhapatnam plant in Andhra Pradesh as a result of which the daily production level has come down to 6,000 tonne.
After shutting down the first blast furnace in March 2020, the company has shut down the second blast furnaces also recently. There is a lack of demand in the market and given the scenario it is imperative to scale down the production.
RINL which has an installed capacity of over 7.5 million tpa produced about 18,000 tonne of hot metal on a daily basis. There are three blast furnaces of 2.5 million tpa each at the plant. Keeping vital equipment like coke oven batteries, blast furnaces, among others, in running condition is very essential for steel plants.