Rashtriya Ispat Nigam Limited, the corporate entity of the Visakhapatnam Steel Plant has shut down two blast furnaces. The company had already shut down one blast furnace in March end and recently one more blast furnace has been put down. The total production per day has reduced drastically to 6,000 tonnes.
Due to the fall in the market demand amid the coronavirus lockdown, it became imperative for the company to lower the production levels. RINL has an installed capacity of 7.5 million tonnes per annum, which produced around 18,000 tonnes per day.
Presently, the steel is majorly produced through SMS 2 routes, focussing mainly on the production of rounds and billets.
