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With the commissioning of its state of the art
cold rolling complex, Essar Steel is now fully
geared to meet the critical demands of the automobile
industry in Indian and international markets.
The Company now offers over 300 grades suitable
for use in the auto and auto ancillary industries.
Essar Steel's fully integrated plant specializes
in extra thin gauge strips with better and uniform
mechanical properties, cleaner surface finish
and closer dimensional tolerances than hot rolled
strips to meet the demands of consistent quality
and customized product offerings.
The total market size for Auto grade products
estimated to be in the region 97 lakh units, with
two wheelers forming the major share with 80%,
three wheelers at 4%, passenger cars at 11%, commercial
vehicles at 3 % and tractors at 2 %.
The total steel requirement for this segment is
further classified into 0.36 million tonnes of
HR Sheets, 0.32 million tonnes of HR Plates and
1.46 million tonnes of Cold Rolled Sheets / Coils.
In this high value market, Essar expects to gain
a market share of approx. 18% and 17% in Hot Rolled
and Cold Rolled Auto Grade steel respectively
Essar's Steel finds applications in various auto
components such as axles, wheel rim s and discs,
chassis members, truck bumpers, buckets for earth
moving equipment, fuel tanks of two wheelers,
oil slumps, floor panels, bonnets,etc.
Some of the major customers of Essar Steel in
the automobile industry include:
Ashok Leyland, Hyundai, Maruti Udyog, FIAT India,
Kalyani Brakes, M&M, Wheels India, Michilen
Works, Swaraj Mazda, JCB, CAT, Axles India etc.
About Essar Steel
Essar Steel is the largest integrated steel producer
on the West Coast of India. It produces some of
the world's finest quality steel at its state-of-the-art
steel making plant at Hazira with value addition
at every stage of manufacture. The Company is
recognized for its high quality, customer orientation
and flexible product mix.
Essar is the largest exporter of flat products
from India and is a sought after Indian brand
in the discerning markets of the West and the
growing markets of South East Asia and the Middle
East.
The current capacity of the plant is 3.6 million
tpa which is being increased to 4.6 million tpa
during the year. The steel complex comprises the
world's largest gas based sponge iron plant, a
steel plant and a 1.2 million tonne cold rolling
complex that includes hot rolled pickling and
oiling plant, cold rolling plant and a galvanising
plant. The complex has complete infrastructure
including a captive port, power plant and oxygen
plant. The pellet required by the steel plant
is manufactured at Essar's plant at Visakhapatnam,
which has an annual capacity of 8 million tpa.
The iron ore fines are supplied through slurry
pipelines from Bailadilla. The company also operates
a million tpa 8iron ore beneficiation plant at
Bailadilla which gives it a very quality of iron
ore.
About the Essar Group
The Essar Group is one of India's largest corporate
houses with interests spanning the manufacturing
and service sectors in both old and new economies:
steel, power, shipping, constructions, oil &
gas and telecom. It has an asset base of over
Rs. 22,000 crore.
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