RINL Steel mulls plant in SL

Sara Pathirana

A delegation from RINL, Visakhapatnam Steel Plant led by Shri T K Chand, Director, (Commercial), would be visiting Sri Lanka from December 2 to 5 to assess the market, discuss with Business Associates and develop RINL business plans in Sri Lanka.

RINL is a US $ three billion company undergoing expansion, increasing its value to US $ six billion.

With its expansion, the total product volume would be six MT. At present, RINL is the single largest exporter of Pig Iron from India and its products of Billets, Rounds, Wire Rods, which are highly valued by international customers. The Chief of the delegation along with team members would interact with Business Associates and Rolling Mill owners of Sri Lanka.

The team is also looking for a manufacturing plant in Sri Lanka either in Trincomalee or in Hambantota.

The delegation consists of representatives from the Ministry of Steel, Government of India and Visakhapatnam Steel Plant, namely Shri TK Chand, Director (Commercial), RINL; Shri HL Meena, Director, Ministry of Steel; Shri Wilson David, GM (Mills), RINL and Shri Desikachar, DGM (Mktg.)-Exports. RINL. More details could be obtained from website www.vizagsteel.com