Tag: Essar Steel India Ltd
Essar Steel India Ltd (ESIL) said it has recorded highest-ever quarterly production of flat steel products with a 61 per cent jump in output during the three months ended December 31, reported PTI.
The total flat steel production stood at 1.48 million tonnes (MT) in the third quarter ended December 31 as compared to 0.92 million tonnes in the same period last year. Pellet production grew 99 per cent to 2.59 MT from 1.30 MT in the same quarter last year, a company statement said.
Liquid steel output increased by 62 per cent to 1.48 MT in Q3 FY17 from 0.92 MT in the same period last year, it said.
Essar Steel is one of India’s leading integrated steel producers with an annual production capacity of 10 MT supported by a 20 MTPA pellet facility.
The company’s state-of-the-art facilities comprise iron & steel making, downstream facilities, including a cold rolling mill, a galvanising and pre-coated unit and a steel- processing facility.
Essar Steel India Ltd (EStIL) said that it has recorded a 58 per cent quarter-on-quarter growth in flat steel production in the second quarter ended September 30, 2016.
The total production of flat products stood at 1.34 million tonnes (MT) in Q2 FY17 as compared to 0.85 MT in the corresponding period last fiscal. Pellet production also grew by 89 per cent to 2.43 MT compared to 1.28 MT in the same quarter last year, a statement issued here said.
The company’s liquid steel production increased by 65 per cent to 1.34 MT in Q2 FY 17 as against 0.81 MT last year.
At 81 KT (kilo tonnes), EStIL’s PPGI (Pre Painted Galvanised Iron) production was up by 98 per cent as compared to 41 KT produced in the corresponding period last year, it said.
Essar Steel India is country’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.