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Essar Steel India records 58% Q-o-Q growth in flat steel production in Q2 FY 2016-17

October 14,2016

Mumbai, 14 October 2016: Essar Steel India Limited (EStIL) has recorded a 58% quarter-on-quarter growth in flat steel production in the second quarter ended September 30, 2016. The total production stood at 1.34 million tonnes, compared to 0.85 million tonnes in the corresponding period last year. Pellet production also grew by 89% to 2.43 million tonnes compared to 1.28 million tonnes in the same quarter last year.

Essar Steel India delivers robust Q2 performance

Product

Q2 2017 production

Q2 2016 production

Growth

 

(in mn tonnes)

(in mn tonnes)

 

 

 

 

 

Flat Products

1. 34

0.85

58%

 

 

 

 

Pellets

2.43

1.28

89%

 

 

 

 

Liquid Steel

1.34

0.81

65%

 

 

 

 


At 81 KT, EStIL’s PPGI (Pre Painted Galvanised Iron) production was up by 98% when compared to 41 KT produced in the corresponding period last year.

About Essar Steel

Essar Steel India is one of India’s leading integrated steel producers with an annual production capacity of 10 million tonnes, which is supported by a 20 million tonne pellet-making capacity. The state-of-the-art facilities comprise iron ore beneficiation, pellet making, iron making, steel making, and downstream facilities, including a cold rolling mill, a galvanising and pre-coated Facility, a steel-processing Facility, an extra-wide plate mill and three pipe mills with coating facilities.

Essar Hypermart, a pioneering initiative of Essar Steel, caters to the requirements of the SME segment, which normally does not have access to mill material directly.

Sustainability has been given due importance and the company is on course to becoming a zero-waste company.

Media contact: B Ganesh Pai, VP - Corporate Communications, Essar Steel
Phone: +91 98197 30225, Email: ganesh.pai@essar.com

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