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For a Pre-Placement Talk on

RASHTRIYA ISPAT NIGAM LIMITEDVISAKHAPATNAM

*OUTLINE Snap shotVision Mission, Objectives & Core-ValuesCompany Profile & Product Mix-Present & FutureModernization, Revamping & AugmentationHuman Resource Management at VSPOur Requirement

*RINL Key FeaturesCommissioned in 1992, RINL is the first shore based integrated steel plant at VisakhapatnamLong products manufacturer Market leader in bars & wire rodsOne of the most modern plant benchmarking performance on techno-economic indicesConsistent performance at above rated capacitiesAverage annual contribution to exchequer of Rs 2092 Cr.

*Contributes significantly to social development through CSRAs per study by The Economic Times, One of the top fifty Indias best companies to work -2010 (29th position)Recipient of coveted PMs Trophy for best integrated steel plant twice and first Steel Minister Trophy 2008-09Recipient of several national & international awards for excellence in areas of energy efficiency, Quality, Innovations including several Viswakarma Rashtriya Puraskar by individuals. RINL Key Features

*A Navaratna companyMOU performance over the decade:Excellent - 8 years Very Good 2 yearsProfit making for last 9 years RINL Key Features

*Expand Plant capacity to 6.3 MT MissionTo attain 16 Mt liquid steel capacity through technological up-gradation, operational efficiency and expansion; augmentation of assured supply of raw materials; to produce steel at international Standards of Cost & Quality; and to meet the aspirations of stakeholders.Revamping existing Blast Furnaces to increase the capacity by 1 mt to make total capacity of 7.5 mtpa

top five lowest cost liquid steel producers in the worldhigher levels of customer satisfactionVibrant work culture in the organization Be concerned of environment safety and social needsommitmentustomer Satisfactionontinuous Improvementoncern for Environmentreativity & InnovationCCCCC

* Company Profile

Capacity3 Million Tonnes liquid steel ProductsBars, Wire rods, Structurals, Rounds, Billets, Blooms, Pig iron & By-productsShare of production in India9 % of Long productsMarketing network23 branch offices & stockyardsCaptive minesBF grade limestone: BF grade dolomite:Manganese ore:JaggayyapetaMadharamGarbhamEmployees (As on 29-02-2012)Total:Executives:Non-executives:Trainees18,101 5,53012,571 694Turnover (10-11)Rs. 11,517 Cr.Net profit (10-11)Rs. 658 Cr.Net worth (31.03.11)Rs. 13229 Cr.

* Products User SegmentsWIRE RODS5.5 to 14mmREBARS8mm to 36mmROUNDS16 to 80mm

ProductSegment - ApplicationWire Drawing Barbed wire, GI Wire, Vibration Screens/ Mesh, Screws, Nails, Electrodes, Cable Armour wire, Pins, ClipsBright Bar - Wheel spokes, Umbrella ribs, Tyre bead wires Fasteners - Nuts, Screws, Chain links, Steel woolFasteners Nuts, Screws, Bolts, Chain links, Engineering IndustriesBright bar Automobile, Axle, Shaft, Engg. ApplicationsForging Helical Springs, Flanges, Wheels, Gears, Hand toolsRe-rolling Rounds & StructuralsRailways Elastic Railway Clips (ERC)Construction ReinforcementConstruction Reinforcement

*Products User SegmentsSquares65 - 90mmStructurals

ProductSegment - ApplicationBright bar Automobile, Engg. IndustryForging Automobile, Engg. IndustryRe-rolling Rounds, Rebars & StructuralsConstruction / Fabrication / Auto leaf spring flats

*27C15 Anchor chainlink for shipping industrySAE1006S Kangaroo brand Stapler pinsCHQ1010 & CHQ1018Auto fastenersC20MMn Elements of transmission towersSAE1524S Axles& SpindlesApplications of VIZAG STEEL

*Existing 3.0 MTPA

(2X3200 CUM)SMS-1(3 X133 Cu.M Conv)3 Mills: WRM - 8.5 ltpy LMMM - 7.1 ltpy MMSM 8.5 ltpyPCICombined BlowingSinter M/c 3 (1X400 SQM)BF-3 (1 X 3800 CUM) SMS-2 ( 2x150 Cu.M Conv.)3 Mills WRM 6 ltpy SBM 7.5 ltpy SM 7 ltpy

Sinter M/cs1&2B.Fs 1&2(2X312 SQM )6.3 MTPA ExpansionExpansion to 6.3 MTPY of liquid steel

* Modernization, Revamping & AugmentationTo sustain Production & ProductivityUpgradation of TechnologyBridge Technological GapsAchieve Higher Level of AutomationImprovement in Productivity Reduction in CostImprovement in Energy EfficiencyImprove Product Quality

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People Management at VSP Best People, Best Results

*Employee RelationsCompetence BuildingInternal CommunicationInvolvement, Empowerment & RecognitionQuality of Work lifeEmployee CareCommunity Care

*We, at Visakhapatnam Steel Plant, believe that our employees are the most important resource. To realise the full potential of employees, the company is committed to:Provide work environment that makes the employees committed and motivated for maximising productivityEstablish systems for maintaining transparency, fairness and equality in dealing with employeesEmpower employees for enhancing commitment, responsibility and accountabilityEncourage team work, creativity, innovativeness and high achievement orientationProvide growth and opportunities for developing skill and knowledgeEnsure functioning of effective communication channels with employees

*Young & educated employeesMulti-skill & rationalised designationsOptimal manpowerConcern for environmentLand and layout for expansion up to 16 Mt with proximity to portQuality producer imageHigh standing for customer service

*CSR Policy StatusApproved by Board in November 2006.Upto 2% of the Net profit to be the Budget for CSR.A separate Dept formed in Feb-07 RINL-CSR Foundation registered in May 2007. Exemption obtained under IT Act

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VIZAG STEEL REQUIRES YOUNG & DYNAMIC Engineering Graduates AS

Management Trainee(Tech.)

*Related Information

Position OfferedManagement Trainee(Technical) CTC (approx)` 8.00 lakhs per annumJob profile with descriptionFront line Officers in charge of production and maintenance of various steel production and allied activitiesPlace of PostingVisakhapatnam or marketing branches all over India Shift TimingGeneral Shift (from 9.00 A.M. to 5.30 P.M.) / A, B or C shifts

*Contd

*Thank You

***********VSP focuses attention on its people because it firmly believes that by doing this ,it is making an investment in its most important resource. Therefore the focus of HRM revolves around cordial employee relations, technical and skills development, horizontal & vertical communication across the organisation, employee involvement , empowerment & recognition.

WE also believe that employees who feel supported in the area of work life needs are actually more committed to achieving business goals for the company, more willing to go the extra mile for the company, less burnt out and more resileint to deal with the changes in the business environment.

**HRM in VSP has its strong foundation on the principles of optimal manpower, young and dynamic workforce, with multi skilling, zero over time and overlapping shifts.