The tête-à-tête with Mr Pradosh Kumar Rath, Chairman-cum-MD of RINL explores the current situation in the domestic steel industry now that the Covid-19 lockdown is being eased in the country and how soon can demand return for mills to tap into those opportunities.
The conversation also revolves around RINL’s takeaways from the pandemic, its future plans in terms of investments, exports, serving the domestic market, and its targets in these challenging times.
Mr Dilip Oommen, CEO of ArcelorMittal Nippon Steel India Ltd speak about life and work at the different producing units of the fourth-largest steelmaker in India by capacity, as the Coronavirus pandemic rages on, creating a never-seen-before health and economic disaster. Watch the video below:
Times are challenging as there is a scale down of production across both its steel and pellet plants, but future plans are being worked out to find markets and change in products offered for sale even as the government plays a supportive role, the steel industry veteran says.
In the long run, ArcelorMittal Nippon Steel India is poised for growth wherein producing high-end products would be on the cards.
Mr Oommen has served in the steel industry for 37 years and progressed through senior leadership positions at Essar Steel before becoming its CEO last year, also the time when the company got taken over by ArcelorMittal. He is a metallurgical engineer from the Indian Institute of Technology.
~Interview by Ruchira Singh