23rd September, 2002
Ministry of Steel  


VSP'S GLOBAL RATING UP


Visakhapatnam Steel Plant(VSP) of the Rastriya Ispat Nigam Ltd.(RINL) has been rated 68th among the World's largest Steel Producing Companies producing above 3.0 million tonnes of Crude Steel in the year 2001. The Public Sector Undertaking of the Steel Ministry occupied 72 position in the year 2000 by producing 2.8 million tonnes of Crude Steel. This has been carried in the latest bulletin from the Brussels based International Iron and Steel Institute (IISI). Every year the IISI releases a list of 80 largest steel producing companies in the world. VSP is the only steel plant in the country, which registered a 11% growth in Crude Steel production during 2001-02.

The Commercial Taxes Department of Andhra Pradesh has recently issued a Gold Card to VSP in recognition of its prompt payment of taxes. The card entitles VSP for unhindered transport of its goods on self-certification, door delivery of business forms and other privileges from the Commercial Taxes Department.