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Government Plans Strategic Disinvestment Of Salem Steel Plant

Steel Minister Chaudhary Birender Singh said India has a crude steel capacity of 126 MT as on March 2017
Steel Minister Chaudhary Birender Singh said India has a crude steel capacity of 126 MT as on March 2017
New Delhi: The government is planning a strategic disinvestment of the Salem Steel Plant (SSP) in Tamil Nadu and not total disinvestment, Lok Sabha was informed on Monday. Steel Minister Chaudhary Birender Singh said the financial reports of the SSP in the last few years showed a "dismal" picture of the once most-reputed steel plant in the country. "There is a proposal for strategic disinvestment of the Salem Steel Plant, not total d...
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