Steel executives seek formation of single maha unit by merging plants
The Hindu
‘Move will synergise their strengths’
The Steel Executive’s Federation of India (SEFI) sought formation of a single maha steel unit by merging steel plants of Steel Authority of India Limited (SAIL) and its subsidiary units with Rashtriya Ispat Nigam Limited, RINL and its subsidiary company, Neelanchal Ispat Nigam Limited, NMDC (both steel plant and mining sector) and Mecon under the Ministry of Steel. A resolution to this effect was passed by the SEFI at hits meeting in Delhi, on Sunday night. The meeting was attended by representatives of Officers Association of SAIL, Steel Executives Association of Visakhapatnam Steel Plant, officers association of NINL and NMDC Steel Officers Association, according to a statement issued by SEA (Steel Executive Association), Visakhapatnam, here on Monday.
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