Management Denies False Claims by Trade Unions Regarding Visakhapatnam Steel Plant
The management of the RINL-Visakhapatnam Steel Plant addressed and refuted claims made by certain trade unions associated with the steel plant. In an official release on Monday,
The plant clarified that the allegations were false and emphasized the existence of a robust and transparent procurement policy along with a stringent quality control system.
RINL (Rashtriya Ispat Nigam Limited) products are acknowledged for their superior quality in both domestic and international markets due to rigorous quality checks implemented at every stage of the manufacturing process.
The statement highlighted the importance of aligning RINL's production with its installed capacity to achieve cash profits.
In response to the need for liquidity infusion, the management of RINL has devised a strategic plan. This plan has been discussed with the company's executives and workers' unions, and steps are being taken to initiate the operation of the third blast furnace on December 30.
The official statement from RINL asserted the organization's commitment to transparency and ethical practices, vehemently denying any distorted news or claims put forth by the trade unions.
As the management progresses with its strategic plan, it aims to dispel misinformation and maintain a focus on the plant's sustainable growth and success.
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