Steel Authority Not To Shut Down 3 Loss-Making Steel Units: Chairman

State-owned Steel Authority of India Ltd (SAIL) will not close down three of its loss-making speciality steel plants if the company does not find buyers for these units, chairman Anil Kumar Chaudhary said. Earlier, the Centre had approved outright sale of Alloy Steels Plant (ASP) in West Bengal, Salem Steel Plant (SSP) in Tamil Nadu and Visvesvaraya Iron and Steel Plant (VISP) in Karnakata, as accumulated loss in these units was over...