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NINL to manufacture TMT, wire rods at Kalinga Nagar plant

Thursday, 14 Feb 2019
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Neelachal Ispat Nigam (NINL), a company promoted by MMTC, has planned to manufacture branded TMT and wire rods at its Kalinga Nagar, Odisha plant from FY20.

The company is all set to establish 0.8 million tonne capacity bar and wire rod mill and has already initiated talks with international companies.

The unit will manufacture rebars, rounds and wire rods of two variants of six mm to 22 mm and 12 mm to 18 mm.

The company achieved the first milestone with blast furnace capital repair in April 2018. The third milestone of operation of the captive mines is expected by early FY20.

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