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RINL CMD foresees bright future for steel

RINL CMD foresees bright future for steel
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The Chairman-cum-Managing Director of RINL, Visakhapatnam Steel Plant, P Madhusudhan, called upon the builders, architects and civil engineers to play a significant role in enhancing the usage of steel since 65 percent of steel is being used by the construction and infrastructure sectors in the country.

Visakhapatnam: The Chairman-cum-Managing Director of RINL, Visakhapatnam Steel Plant, P Madhusudhan, called upon the builders, architects and civil engineers to play a significant role in enhancing the usage of steel since 65 percent of steel is being used by the construction and infrastructure sectors in the country.

The Vizag Steel caters to the needs of various customers particularly in the infrastructure and construction projects because of its stringent specifications and high-quality products, the CMD added. Visakhapatnam Steel Plant oraganised 'Architects, Builders and Construction (ABC) Engineers meet, on Friday.

Speaking on the occasion, the CMD exhorted the builders, architects to think innovatively and contribute in transforming Vizag into a Smart City using Vizag Steel products and create an environment to spur steel usage in the region.

He said that steel industry was in a crucial juncture because of global surplus capacity. The Central government’s policy initiatives for providing preference to domestically manufactured iron and steel products in government procurement, provided a great relief to the steel sector.

The government for initiating various measures for protecting the steel industry and increasing the consumption of steel in the country. There is a bright future for the steel sector as the government was giving major impetus to real, infra, highway and rail projects, Madhusudan said.

Welcoming the participants, Director (Commercial) P Raychaudhury said that RINL has conducting such meetings in various parts of the country to further the business in long product segment and promote usage of steel at national-level and also to make aware of the people about the quality products of Vizag Steel.

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