Sun, Sep 13, 2015, 05:30 PM
Zindal Steel, one the biggest steel manufacturer, supplier and exporter, declared lockout at its Kothavalasa plant in Vizianagaram district today. According to reports, 550 employees are working in the company. The workers alleged that lockout was declared without giving any prior notice. The workers urged the government to resolve the issue. The company is incurring a loss of Rs 10,000 per ton steel.