Samiksha Jaiswal

Essar Steel

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Type  Public company
Website  www.essar.com
Headquarters  Mumbai
Parent organization  Essar Group
Industry  Steel
Founded  1998
Total equity  71.04 billion INR
Essar Steel wwwkrimishacomimagesgallery1392104033essalogogif
Key people  Mr.Shashi Ruia, Chairman Dilip Oommen, MD & CEO
Total assets  ₹477.88 billion (US$7.1 billion)
CEO  Dilip C Oommen (7 Jul 2011–)
Revenue  153.4 billion INR (US$2.3 billion)
Subsidiaries  Essar Steel Trading Fze

Essar steel plate mill and pipe mill hazira


Essar Steel is one of the leaders in India and abroad in the steel sector, part of the Essar Group. The company has a number of international centers.The company is classified as an NPA by PSU lenders and have sold the advance asset to restructuring companies [27.06.16 11.30am CNBC TV18]

Contents

Resurgence of essar steel algoma


List of Steel Plants

  • ESSAR Steel India Limited, a fully integrated steel mill in Hazira, of the Surat district in Gujarat state of southwestern India, with a steel-making capacity of 10 MTPA.
  • Essar Steel Minnesota LLC, a company located in U.S. state of Minnesota. Essar is building a $1.7 billion U.S. plant taconite plant. According to Twincities.com, as of February 2014 it is $600 million short on financing, and is not paying its contractors, who have filed liens on the property. http://www.twincities.com/localnews/ci_25270272/1-7b-minnesota-taconite-development-still-sitting-partially
  • Essar Steel Algoma in Canada.
  • Greenfield projects in Vietnam.
  • Steel plant in Indonesia.
  • Integrated steel plant in Trinidad and Tobago. It has a current capacity of 8.6 million tonnes which they plan to raise to 14 mt by 2011-12.
  • References

    Essar Steel Wikipedia


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