SALEM Steel Plant (SSP) has bagged a Rs 117-crore order for supplying
11,300 tonnes of ferritic stainless steel strips to the governmentâ€™s
mint in Kolkata. The strips, which are used for minting coins, will be
supplied in grade 430 in two widths and thickness, as specified by the
mint. SSP produces both coin blanks and stainless steel coils/strips
for coinage purposes. During April to December of the current financial
year, stainless steel production by SSP touched 64,000 tonnes â€” an
increase of 30 % over the corresponding period last year.
SAIL is expanding SSPâ€™s production capacity at an estimated cost of Rs 1,553 crore as part of its own corporate plan for 2010. The steel making facility will have the capacity to produce 1,80,000 tonnes of stainless steel slabs per annum while the coldrolling capacity would increase from the present 35,826 tonnes to 1,46,000 tonnes per annum, according to a company source.
Every time an offender stealthily leaves India to take refuge in another country, the Government of India starts all over again with its strategy of bringing him back to the nation to make him stan More
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