The management of Visakhapatnam Steel Plant (VSP) has denied the allegations made by the representatives of the Visakha Ukku Parirakshana Porata Committee (VUPPC) that it was deliberately reducing production. The VUPPC leaders had alleged that the production was stopped though there was tremendous demand for steel in the market.
Denying the allegations, which appeared in these columns, the VSP in a press communication on Monday stated that the views expressed were not portraying the prevailing steel market and business operation in the right perspective. On the contrary, in the current adverse situation, when there was an overall coal crisis both for domestic and international plants, RINL has optimised its plant operations and is performing at its best and setting new benchmarks in business operation.
