Essar Steel India Limited achieved its highest ever monthly production of flat steel in March 2016 at 500,000 tons, up by 62% when compared to 308,000 tons produced in the same month last year.
This translates into a capacity utilisation of 70%, a company statement said.
During the quarter ending 31st March 2016 (Q4 of FY 2015-16), Essar Steel improved its performance substantially across all its units—from pellet making to flat steel.
Product |
Q4-FY16 production |
Q4-FY15 production |
Growth |
Pellets |
1.93 |
1.30 |
48% |
Liquid Steel |
1.24 |
0.87 |
43% |
Flat Products |
1.23 |
0.92 |
34% |
Essar Steel India is one of India’s leading integrated steel producers with an annual production capability of 10 million tons, which is supported by a 20 million ton pellet-making capability. 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.