The state-run Rashtriya Ispat Nigam Limited (RINL) Chairman- cum-Managing Director P.K. Rath exuded confidence that the sluggish market being witnessed by the steel industry would be overcome this year. Rath hoisted the tricolour and inspected the guard of honour during the 73rd Independence Day celebrations organised at Ukkunagaram. Addressing the gathering, he said the steel industry is the leading drivers of the economy as the country has become the second largest producer of crude steel in the world after China.
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