OREANDA-NEWS. July 20, 2011. Essar Steel, part of USD 17 billion Essar group, recorded a robust growth of 35.44 per cent in finished steel production at 1.07 million tonnes during first quarter of 2011-12 from its Indian operations.

Operating from India’s largest, single location production facility at Hazira in Gujarat, Essar steel recorded over 41 per cent growth in crude steel output during April-June quarter over the comparable quarter last year. The production during the quarter rose to 1.14 million tonnes, up from 0.81 million tonnes.

The breakup of quarterly production is as follows:

Product

Production (April - June2011)

Production (April- June 2010)

Growth

Crude Steel

1.14 mio. tonne

0.81 mio. tonne

40.74%

Rolled Products -Flat

1.07 mio. tonne

0.79 mio. tonne

35.44%

Essar is close to completing its expansion of steel making capacity to 10 MTPA. As part of this expansion, Essar Steel has started production two iron making units – a blast furnace with a capacity of 1.73 million tonnes (under stabilization) and a DRI unit of 1.74 million tonnes, a conarc furnace of 2.5 million tonnes, a continuous caster of 1. 45 million tonnes and a CSP mill of 3.5 MTPA.  Further, the company also recently started  India’s first 5-m wide plate mill with a capacity of 1.5MTPA which is under stabilization.

Essar Steel, a global producer of steel with a  production capacity of 14 MTPA. It is a fully integrated flat carbon steel manufacturer with a presence in North America, Europe, Midddle East and South East Asia, UK, UAE and Indonesia. Its products find wide acceptance in highly discerning consumer sectors such as automotive, white goods, construction, engineering, hydrocarbon and shipbuilding. It is the most versatile flat steel producer with integrated facilities from 5-m wide plates, hot rolling, cold rolling, galvanizing and color coating, pipes with a full distribution business consisting of steel processing, distribution centres and retail outlets under the brand - Essar Hypermart. It operates nine steel processing and distribution centres globally with an aggregate capacity of over 4.5 million tonnes. Essar has the largest retail channel through 620 Essar Hypermarts.