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	<title>Indian Steel Industry - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</title>
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		<title>Visakhapatnam Steel Plant Returns to Profitability After Sustained Government Support</title>
		<link>https://newsmantra.in/visakhapatnam-steel-plant-returns-to-profitability-rinl/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Thu, 05 Feb 2026 07:05:32 +0000</pubDate>
				<category><![CDATA[PSU Mantra]]></category>
		<category><![CDATA[blast furnace operations]]></category>
		<category><![CDATA[Chandrababu Naidu steel plant]]></category>
		<category><![CDATA[government support steel sector]]></category>
		<category><![CDATA[Indian Steel Industry]]></category>
		<category><![CDATA[public sector steel]]></category>
		<category><![CDATA[Rashtriya Ispat Nigam Limited]]></category>
		<category><![CDATA[RINL profitability]]></category>
		<category><![CDATA[steel plant turnaround]]></category>
		<category><![CDATA[Visakhapatnam steel plant]]></category>
		<category><![CDATA[Vizag steel plant profit]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=76817</guid>

					<description><![CDATA[<p>VIZAG. Public sector enterprise Visakhapatnam Steel Plant has returned to the path of profitability with sustained support from the Central and Andhra Pradesh governments, officials informed Chief Minister N. Chandrababu Naidu on Tuesday. Rashtriya Ispat Nigam Limited (RINL), the corporate entity of the plant, recorded a turnaround over the past...</p>
<p>The post <a href="https://newsmantra.in/visakhapatnam-steel-plant-returns-to-profitability-rinl/">Visakhapatnam Steel Plant Returns to Profitability After Sustained Government Support</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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										<content:encoded><![CDATA[<p><strong>VIZAG.</strong> Public sector enterprise Visakhapatnam Steel Plant has returned to the path of profitability with sustained support from the Central and Andhra Pradesh governments, officials informed Chief Minister N. Chandrababu Naidu on Tuesday. Rashtriya Ispat Nigam Limited (RINL), the corporate entity of the plant, recorded a turnaround over the past year and a half and posted a profit of Rs 54 crore in January 2026. The Chief Minister reviewed the plant’s progress at a meeting held at the Secretariat, attended by Union Steel Ministry Secretary Sandeep Poundrik, RINL Chairman and Managing Director Manish Raj Gupta, Chief Secretary K. Vijayanand, and other senior officials.</p>
<p>During the meeting, the CMD said continuous support from both governments had helped the plant overcome earlier losses. Hot metal production has increased to 19,401 tonnes per day from 9,215 tonnes per day in the second quarter of 2024–25, with all three blast furnaces now fully operational. Capacity utilisation has reached a record 94 per cent, up from around 45 per cent last year. Officials said state support in taxes, electricity dues, and water supply, along with Rs 11,440 crore assistance from the Centre, played a crucial role in stabilising operations and improving performance, leading to an improved credit rating. The Chief Minister attributed the turnaround to collective efforts of workers and officials and directed departments to introduce new policies to further strengthen the steel plant.</p>
<p>&nbsp;</p>
<p>The post <a href="https://newsmantra.in/visakhapatnam-steel-plant-returns-to-profitability-rinl/">Visakhapatnam Steel Plant Returns to Profitability After Sustained Government Support</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<item>
		<title>Shri Manish Raj Gupta assumes additional charge as CMD at RINL</title>
		<link>https://newsmantra.in/manish-raj-gupta-additional-charge-cmd-rinl/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Mon, 05 Jan 2026 07:04:42 +0000</pubDate>
				<category><![CDATA[Appointments]]></category>
		<category><![CDATA[PSU Mantra]]></category>
		<category><![CDATA[CMD RINL]]></category>
		<category><![CDATA[Indian Steel Industry]]></category>
		<category><![CDATA[Manish Raj Gupta]]></category>
		<category><![CDATA[PSU Appointments]]></category>
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		<category><![CDATA[RINL leadership]]></category>
		<category><![CDATA[SAIL Director appointment]]></category>
		<category><![CDATA[steel PSU India]]></category>
		<category><![CDATA[Vizag Steel Plant]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=75699</guid>

					<description><![CDATA[<p>VIZAG. Shri Manish Raj Gupta, Director (Technical, Projects &#38; Raw Materials) at Steel Authority of India Limited (SAIL) assumed additional charge as CMD of RINL today. A Mechanical Engineering graduate from MANIT Bhopal with a Postgraduate Diploma in Management, he joined SAIL in 1991 as a Management Trainee (Technical) at...</p>
<p>The post <a href="https://newsmantra.in/manish-raj-gupta-additional-charge-cmd-rinl/">Shri Manish Raj Gupta assumes additional charge as CMD at RINL</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>VIZAG.</strong> Shri Manish Raj Gupta, Director (Technical, Projects &amp; Raw Materials) at Steel Authority of India Limited (SAIL) assumed additional charge as CMD of</p>
<p>RINL today. A Mechanical Engineering graduate from MANIT Bhopal with a Postgraduate Diploma in Management, he joined SAIL in 1991 as a Management Trainee (Technical) at</p>
<p>Durgapur Steel Plant and has since built a distinguished career across various SAIL units, marked by strong leadership and technical excellence.</p>
<p>&nbsp;</p>
<p>The post <a href="https://newsmantra.in/manish-raj-gupta-additional-charge-cmd-rinl/">Shri Manish Raj Gupta assumes additional charge as CMD at RINL</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<item>
		<title>RHI Magnesita makes history with first ever commissioning of complete Robotic Solution in Caster Operation for the Indian Steel Industry</title>
		<link>https://newsmantra.in/rhi-magnesita-makes-history-with-first-ever-commissioning-of-complete-robotic-solution-in-caster-operation-for-the-indian-steel-industry/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Wed, 15 Oct 2025 13:50:46 +0000</pubDate>
				<category><![CDATA[News Mantra: Exclusive]]></category>
		<category><![CDATA[Indian Steel Industry]]></category>
		<category><![CDATA[RHI Magnesita]]></category>
		<category><![CDATA[Robotic Solution]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=71375</guid>

					<description><![CDATA[<p>Historic milestone ushers in new era of automation, safety and productivity in Indian steelmaking Gurugram, October 15, 2025: RHI Magnesita, the leading manufacturer and supplier of high-grade refractory products, systems, and solutions, has made history by commissioning India’s first-ever robotics system for caster operations at JSW Vijayanagar Metallics Limited (JVML),...</p>
<p>The post <a href="https://newsmantra.in/rhi-magnesita-makes-history-with-first-ever-commissioning-of-complete-robotic-solution-in-caster-operation-for-the-indian-steel-industry/">RHI Magnesita makes history with first ever commissioning of complete Robotic Solution in Caster Operation for the Indian Steel Industry</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong><em>Historic milestone ushers in new era of automation, safety and productivity in Indian steelmaking</em></strong></p>
<p><strong>Gurugram, October 15, 2025:</strong> RHI Magnesita, the leading manufacturer and supplier of high-grade refractory products, systems, and solutions, has made history by commissioning India’s first-ever robotics system for caster operations at JSW Vijayanagar Metallics Limited (JVML), a wholly owned subsidiary of JSW Steel Limited in Toranagallu, Bellary, Karnataka. This breakthrough marks a defining moment in Indian steel manufacturing, introducing advanced automation to one of the most critical stages of steel production.</p>
<p>Part of RHI Magnesita’s holistic 4PRO solution, anchored in Performance, Partnership, People and Planet, the first ever robot installed in any Indian steel plant for caster job is designed to handle 350-ton heat-size ladles and perform essential operations, including ladle shroud change, powder feeding in the tundish, temperature measurement, tundish sampling, and probing. Equipped with the latest generation SX3 slide gate system, EMLI LadleSlag sensors, and robotic cells on the Continuous Casting Machine (CCM), the system automates critical casting processes, enhancing efficiency, safety, and quality. The technology removes direct human exposure to molten metal, extreme heat and hazardous fumes, setting new safety benchmarks in the industry. It operates continuously without fatigue, optimizes cycle times, and ensures consistent quality with minimal defects and reduced material wastage.</p>
<p><strong>Parmod Sagar, Chairman, MD &amp; CEO of RHI Magnesita India Ltd</strong>., said, <em>“This achievement represents a new chapter for the Indian steel industry. By combining our refractory expertise with our 4PRO solutions model, we are setting new benchmarks in innovation, efficiency, safety, and product quality for the industry.”</em></p>
<p>In addition to safety and productivity gains, the robotics caster delivers substantial cost savings through reduced scrap generation and minimal rework. Its adaptable programming allows it to perform varied casting operations, while integrated sensors and vision systems enable real-time quality monitoring and early defect detection.</p>
<p><strong>Sanjay Sharma, EVP – Steel, LCP, DRI &amp; RED, JSW Steel Limited, Vijayanagar Works </strong>added, <em>“The commissioning of India’s first robotic caster at our facility reflects our commitment to technological leadership and operational excellence. Partnering with RHI Magnesita has enabled us to integrate advanced automation into our casting process, significantly improving safety, productivity, and product consistency.”</em></p>
<p>The commissioning of India’s first robotic caster reinforces RHI Magnesita’s position as the leading technology provider in the Indian refractory industry, underscoring its commitment to delivering future-ready, customer-centric solutions that set new industry standards.</p>
<p>The post <a href="https://newsmantra.in/rhi-magnesita-makes-history-with-first-ever-commissioning-of-complete-robotic-solution-in-caster-operation-for-the-indian-steel-industry/">RHI Magnesita makes history with first ever commissioning of complete Robotic Solution in Caster Operation for the Indian Steel Industry</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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