Value addition in entire system can be game changer for SAIL: Chairman
New Delhi / Durgapur, Nov 7 (IBNS): Focusing predominantly on value added products, Steel Authority of India Ltd. (SAIL) is looking forward to offer an array of differentiated and quality products in market while focusing on value along with volume.
During interaction with employees at SAIL’s Durgapur Steel Plant (DSP), Chairman, SAIL, PK Singh on Tuesday said, "In the prevailing stiff market competition, value addition to our products and processes along with tailoring the product quality and attributes in line with market demands rather producing only volume can be a game changer for us."
He added that the state-of-the-art 1 MTPA (million tonne per annum) capacity Medium Structural Mill (MSM) installed at DSP is capable of producing world-class structural steel products which have a high demand for various on-going and upcoming infra and construction projects in India.
Singh also added that with Railways switchover to LHB coaches in a phased manner in next few years, wheels for new LHB railway coaches are in advanced stages of validation at DSP and the metallurgical testing of the wheels has already been completed.
Continuing the series of large group interaction with employees at various SAIL Plants to establish two-way communication in organisation for systemic improvements, Singh visited SAIL-DSP on Tuesday along with Director (Technical) Raman and Director (Commercial) Soma Mondal where the top management interacted with a cross section of more than 600 employees.
At DSP, MSM is producing Parallel Flange Beams, Joists, Channels and Angles, which are primarily used by infrastructure and construction segments and considering the pick-up in infrastructure projects, metro connectivity, accelerated construction activities.
Singh said that, “These products are all expected to translate into increased demand for such value added Structurals. The Company is also tapping world market for exporting its products where there is a demand for these.’’
He said that DSP is a plant designed to produce 7.5 lakh tonnes of Semis, where SAIL-DSP in association with R&D and Centre for Engineering & Technology (CET) will tap the huge market for special grade semis by targeting to produce 90% semis as special steel grades and tie up for value added products of special steel.
The semis would also explore possibilities in transmission line towers (TLT) and forging areas.
Encouraging the collective towards better performance, Singh said DSP has the best workforce who are very dedicated and committed besides being highly educated and urged DSP collective to be entirely committed to ramp up the new facilities and mill.
He added that, value addition and profitability should every employee’s prime consideration while contributing towards the Company. Emphasizing the importance of Research & Development and improving Project Designing, he said that, RDCIS and Centre for Engineering & Technology would contribute more in developing value-added products for the Plant.
Once again reiterating his confidence upon the abilities of SAIL collective, he said, "We have tremendous potential in each department that needs to be tapped. We can accomplish far greater feats if we methodically work together keeping our focus on Company’s goals.’’
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
