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Visakhapatnam Steel Plant to Remain in Public Sector: Lokesh Reaffirms

Andhra Pradesh IT Minister Nara Lokesh reaffirmed that the Visakhapatnam Steel Plant will not be privatised. He credited the TDP-BJP government for securing...

IndustrialNewsSteel DailyTelangana

TDP Vows to Resist RINL Privatisation, Demands Jobs for Displaced Families

The Telugu Desam Party (TDP) renewed its strength against the privatisation of the Rashtriya Ispat Nigam Limited-Visakhapatnam Steel Plant (RINL-VSP) an indicating that...

APIndustrialNewsSteel DailyTrending News

Foundation Stone for ArcelorMittal-Nippon Steel Plant in Andhra Pradesh Set for October

Andhra Pradesh lays the foundation stone of the ArcelorMittal-Nippon Steel (AM&NS) integrated steel plant in Anakapalli district in October 2025, expecting that full-scale...

IndustrialMarket UpdatesNewsSteel DailyTrending News

RINL’s Move to Outsource Key Operations Sparks Privatization Fears, Worker Protests

State-run steel manufacturer Rashtriya Ispat Nigam Limited (RINL) has invited tenders for managing and maintaining two of its vital production units the Sinter...

IndustrialNewsSteel DailyTrending News

RINL to Restart Third Blast Furnace by June-End, Boosting Steel Output

State-owned steel producer Rashtriya Ispat Nigam Limited (RINL) will restart its third blast furnace (BF) by the end of June, a crucial phase...

IndustrialMarket UpdatesNewsSteel DailyTrending News

RINL to Monetise ₹200 Cr in Land Assets in FY26 Amid Financial Strain

In a continued effort to stay afloat amid mounting financial pressure, state-run steelmaker Rashtriya Ispat Nigam Ltd (RINL) has identified non-core land parcels...

APNewsSteel DailyTrending News

Visakhapatnam-Anakapalli Set to Become India’s Largest Steel Manufacturing Hub

Visakhapatnam and surrounding Anakapalli district will be India’s biggest steel-making hub with a combined manufacturing capacity of 25.1 million tonnes per annum (MTPA)....

NewsSteel DailyTrending News

Visakhapatnam Steel Plant Won’t be Privatized, Says Steel Minister Kumaraswamy

Giving a major announcement to a perturbed nation, Union Steel Minister H.D. Kumaraswamy yesterday assured that Rashtriya Ispat Nigam Limited – Visakhapatnam Steel...

NewsSteel Daily

Visakhapatnam Steel Plant Faces ₹35,000 Crore Debt, Says Steel Secretary Sandeep Poundrik

Visakhapatnam Steel Plant, under the umbrella of Rashtriya Ispat Nigam Limited (RINL), is running into a staggering liability of ₹35,000 crores of default...

NewsSteel DailyTrending News

Centre Approves ₹11,440 Crore Revival Package for Visakhapatnam Steel Plant

Centre gives ₹11,440 crore revival package to Visakhapatnam Steel Plant*. Centre sanctioned ₹11,440-crore revival package for Visakhapatnam Steel Plant or Rashtriya Ispat Nigam...