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Essar Steel India Commissions Corex Module
10/14/2011 - Essar Steel has successfully commissioned a Corex module, with a capacity of 0.87 million tonnes per annum (MTPA), as part of its expansion program for increasing steel production capacity from 4.6 to 10 MTPA at its Hazira complex.
Essar Steel has successfully commissioned a Corex module, with a capacity of 0.87 million tonnes per annum (MTPA), as part of its expansion program for increasing steel production capacity from 4.6 to 10 MTPA at its Hazira complex. The company had previously commissioned the blast furnace and a DRI module.
With this step, the iron-making capacity has gone over 9.5 MTPA. A second Corex module of 0.87 MTPA is expected to be commissioned in the near future. The overall expansion including downstream facilities at Hazira is being done at a cost Rs.17,000 crores.
Essar lists some of the highlights of the Corex facility:
- Lower investment costs and operating costs as compared to the blast furnace
- Outstanding environmental compatibility
- High operational flexibility
- Use of Corex export gas for many applications within the plant.
Essar Steel says its Hazira complex is poised to become India’s largest flat steel facility at any single location and among the 10 largest facilities in the world. It is fully integrated and capable to produce the entire range of flat products. The total investment in Essar’s Hazira steel complex is Rs.30,000 crores.
Major facilities are expected to be commissioned by March 2012.
Essar Steel, a global producer of steel with a production capacity of 14 MTPA, is a fully integrated flat carbon steel manufacturer with a presence in North America, Europe, Middle East and South East Asia, UK, UAE and Indonesia. It is a 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 centers and retail outlets under the brand Essar Hypermart. It operates eight steel processing and distribution centers globally with an aggregate capacity of over 4.5 million tonnes. Essar has the largest retail channel through more than 600 Essar Hypermarts.
