RSP TAPS SOUTH ASIAN MARKET

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Rourkela Steel Plant (RSP) of the Steel Authority of India Ltd. (SAIL) has achieved a major breakthrough in its effort to tap the South Asian market. It has recently received three export orders worth about Rs.98 lakh from Bangladesh and Nepal. A consignment of 62.5 tonnes of chequered plates has already been despatched to Bangladesh on November 5, while the other two orders will be despatched to Nepal soon. This was the first ever export order bagged by RSP for Bangladesh.

The other two Nepalese orders for HR Coils are from Messrs Malnawali Steel Industries Private Limited for 300 tonnes and Messrs. Hulas Steel Industries for 350 tonnes. They are valued at around Rs.88 lakh and are expected to be sent during the current month.

RSP commenced its export campaign in the current fiscal by despatching 165 tonnes of chequered plates in two consignments to Nepal in May-June. It has also serviced an order of 64 tonnes of plates from Plate Mill for Nepal in the last financial year. A number of inquiries regarding RSP products have been received from the neighbouring countries.