Tag: SAIL

Jindal Strips to buy Salem Steel

Salem Steel, SAIL's stainless steel unit in Tamilnadu, India, will finally be sold to Jindal Strips by the end of November.

Indian Alloy Steel retrenches

The loss-making Alloy Steels Plant (ASP) of Steel Authority of India Ltd (SAIL) is working out a turnaround strategy that includes cost-cutting and a reduction of headcount by 50%.