Business Standard

Visa Steel suspends Kalinganagar operations as raw material supplies stop

Lifting and transportation of chrome ore from OMC-owned Kaliapani mines has also stopped

Tough times prompt VISA Steel to think out of the box
Premium

Jayajit Dash Bhubaneswar
Visa Steel said it has gone for temporary suspension of all its operating units at Kalinganagar as raw material supplies have been abruptly halted to its plant. In a notice to its employees and workers engaged in its blast furnace, sponge iron, Steel Melting Shop (SMS), rolling mill and ferro chrome units, the company said it has placed the units under suspension effective from 6 am on August 21 till further order.

The steel company in a letter to the district labour officer, Jajpur said it was constrained to suspend the industrial activities due to non-availability of necessary raw materials-iron

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in