The Hindu·3 min read·medium
Vizag Steel’s brand image threatened by sale of suspected duplicate products in A.P.
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V. Kamalakara Rao✦AI Summary
Rashtriya Ispat Nigam Limited (RINL) is facing a threat to its brand image due to counterfeit 'Vizag 550D' steel products entering the market. These suspected low-quality duplicates may compromise the structural integrity of construction projects.
A few small-sized steel production companies and re-rolling mills in neighbouring States are cashing in on production bottlenecks at the Visakhapatnam Steel Plant by flooding local markets with a counterfeit product, Vizag 550D TMT, suspected to be produced in external rolling mills based in Raipur, Chhattisgarh.
businesseconomysocial justice
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