Millennium Post

RINL plans to set up steel unit at Lalitpur

Union Steel Minister Beni Prasad Verma on Monday launched Rashtriya Ispal Nigam Ltd's (RINL) 'Customer Portal' and released the 'Customer Charter', the first by any steel company in the country. Inaugurating the portal during Rashtriya Ispal Nigam Ltd's All India Customers and Rural Dealers meet here, Verma said that the the country's rural markets will be bigger than even those in some of the developed countries in the next few years. The new portal is customer-friendly and will book customer demand, he said.

The minister announced that a steel unit would be set up by Rashtriya Ispal Nigam Ltd at Lalitpur after the state government gives its approval for mining  of iron ore. A similar plant may also be set up at Sonebhadra.

Verma also said that steel processing plants have been planned at Gonda, Lakhimpur Kheri, Mirzapur, Jhansi, Hardoi, Gorakhpur and Barabanki, as well as a stainless steel plant at Jagdishpur, Amethi.

'Rashtriya Ispal Nigam Ltd is also considering whether to set up a small plant near the rail coach factory (RCF) at Lalganj, Rae Bareli,' he informed.

Steel Authority of India Ltd (SAIL) Chairman C S Verma announced that a national steel policy is being framed and will be introduced in Parliament during the current fiscal.

He said that the main target of the new steel policy would be to increase production to 200 million tonnes per annum (mtpa) and raise steel consumption from the current 59 kg per person per year to at least 100 kg per year per person.

Rashtriya Ispal Nigam Ltd Chairman A P Choudhury said that the company has achieved 26 per cent growth in 2011-12. More than 250 major customers and dealers of Rashtriya Ispal Nigam Ltd fom different parts of the country participated in the meet.
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