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Essar Steel Commissions Blast Furnace, DRI Plant, and Meltshop
12/02/2010 - Essar Steel has commissioned a 1.73 million tonne-per-annum Blast Furnace and a 1.7 million tonne-per-annum mega DRI module, as well as phase 1 (2.5 million tonnes per annum) of the 5 million tonne-per-annum Steel Meltshop, at the Hazira (India) facility.
Essar Steel has commissioned a 1.73 million tonne-per-annum Blast Furnace and a 1.7 million tonne-per-annum mega DRI module (its sixth module), as well as phase 1 (2.5 million tonnes per annum) of the 5 million tonne-per-annum Steel Meltshop, at the Hazira (India) facility.
The expansion project for the integrated steel plant (Plant B) will increase total steelmaking capacity at Hazira to 10 million tonnes per annum by Q1 2011. Investment for the expansion is Rs. 17,500 Crore; total investment in the Hazira Steel Complex is Rs 30,000 Crore.
These facilities have been set up adjacent to its existing Plant A. Infrastructure at Hazira comprises a 30 million tonne-per-annum all weather port and captive power plants to support the operations.
Malay Mukherjee, CEO of Essar Steel Business Group, said: “We remain committed to the growth of steel capacity in India. It is a moment of great pride for us to commission these iron-making units at this plant. Safety and environment aspects have been paramount in design and construction of the asset base.”
Essar Steel has a range of flat products comprising hot-rolled coils, cold-rolled coils, galvanized coils and sheets, color-coated coils and sheets, heavy plates and pipes. Essar Steel, through its network of five Steel Processing Centers and 592 Essar Hypermart retail distribution centers, will cater to all market segments. The global steel producer has a presence in Canada, the U.S., India, and Indonesia.
The Essar Group is a multinational conglomerate and a leading player in the sectors of Steel, Oil & Gas, Power, Communications, Shipping Ports & Logistics, Projects and Minerals. With operations in more than 20 countries across five continents, the Group employs 65,000 people, with revenues of USD 15 billion.
