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(From Business Line)
Chennai, April 22 - SALEM Steel Plant (SSP), part of Steel Authority of India Ltd (SAIL), is "now giving final touches" to a long-term plan, which basically seeks to address the plant's inherent problem relating to sourcing of slabs for rolling.
"Not having any steel making facility, SSP has been depending so far on slabs from outside sources for rolling. This bottleneck can be removed by setting up steel melting facilities," says a note on SSP, prepared by SAIL.
At a press conference, the Minister for Chemicals & Fertilisers and Steel, Mr Ram Vilas Paswan, said setting up a new steel making facility for SSP would cost about Rs …