Visa Steel shuts down plant in Odisha's Jajpur
2019-09-03 15:35:24 [Print]
Visa Steel recently shut down its 1.5 million tonne integrated steel plant at Kalinganagar in Jajpur district of Odisha.
With the retrenchment of 350 workers from its two furnaces, all units of ferrochrome plant were shut down.
Sources said VISA Steel operated a 2,25,000 TPA blast furnace, 3,00,000 TPA sponge iron plant and 5,00,000 TPA steel plant through electric furnace route along with 1,50,000 TPA ferrochrome plant at Kalinga Nagar.
The integrated steel plant produced pig iron, sponge iron, TPA Bar, wire rod and ferrochrome. It had two DRI units, five ferrochrome units, power plant, steel melting shop (SMS) and hot rolling mill (HRM). Sources said three ferrochrome units, SMS, HRM, power plan and mini blast furnaces of the firm were closed earlier. Only two ferrochrome units of the plant were operational.
"Visa steel retrenched its 350 contract workers who used to work in its ferrochrome units. As a result, the remaining two ferrochrome units of the plant have been closed as the workers were engaged in both the units. Hence, the integrated steel plant is finally shut down," said Sanjeev Kumar Samal, a core member of VISA Steel Workers Union.
With the retrenchment of 350 workers from its two furnaces, all units of ferrochrome plant were shut down.
Sources said VISA Steel operated a 2,25,000 TPA blast furnace, 3,00,000 TPA sponge iron plant and 5,00,000 TPA steel plant through electric furnace route along with 1,50,000 TPA ferrochrome plant at Kalinga Nagar.
The integrated steel plant produced pig iron, sponge iron, TPA Bar, wire rod and ferrochrome. It had two DRI units, five ferrochrome units, power plant, steel melting shop (SMS) and hot rolling mill (HRM). Sources said three ferrochrome units, SMS, HRM, power plan and mini blast furnaces of the firm were closed earlier. Only two ferrochrome units of the plant were operational.
"Visa steel retrenched its 350 contract workers who used to work in its ferrochrome units. As a result, the remaining two ferrochrome units of the plant have been closed as the workers were engaged in both the units. Hence, the integrated steel plant is finally shut down," said Sanjeev Kumar Samal, a core member of VISA Steel Workers Union.
