Steel Authority of India Ltd (SAIL) further said that it is in the phase of reinventing its processes.
“SAIL-ISP’s (IISCO Steel Plant) new and modern plant, which was dedicated to the nation by the Prime Minister, will facilitate SAIL to take its market-share in long products to 10 per cent from the existing seven per cent,” the PSU said in a statement.
Steel Authority of IndiaBSE 0.25 % Ltd (SAIL) further said that it is in the phase of reinventing its processes, while it nears the completion of company’s modernisation programme, it said.
The company’s Chairman PK Singh visited IISCO Steel Plant at Burnpur today and interacted with cross section of more than 600 employees, where he exhorted them to surpass the rated capacities of the new mills with the slogan of ‘first production to capacity and then production to potential beyond capacity’.
Encouraging the employees, he explained company’s immediate targets and priorities for realigning ISP workforce.
After modernisation, ISP boasts of a modern Wire Rod Mill (WRM), Universal Section Mill (USM) and Bar Mill capable of producing high quality products.
“There are dreams and great hopes pinned on the performance of these new mills, and I am sure that ISP collective can bring out the best results,” Singh said.