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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.