Government Approves Strategic Disinvestment Of Salem Steel Plant

New Delhi: Government has in-principle approved strategic disinvestment of loss-making subsidiary of India's largest steelmaker SAIL, Salem Steel Plant (SSP), Parliament was informed on Monday. SSP, a special steel unit of state-run SAIL, pioneered the supply of wider width stainless steel sheets and coils in the country. "The government has accorded in-principle approval of strategic disinvestment of SSP in Salem district of Tamil...