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Salem Steel Plant may integrate backwards

Saturday, 23 Apr 2005
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Salem Steel Plant, part of Steel Authority of India, is in the midst of preparing a plan that would address its primary problem of sourcing of steel slabs for rolling.

Since SSP does not have its own steel melting facility, it has to depend on slabs from outside sources that could include the four integrated steel plants of SAIL.

SSP has estimated that a steel making facility would cost Rs.500 crore. The steel ministry would take up this proposal once SSP finalizes its plan.

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