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Essar
Essar Steel is a global steel producer with a footprint in India, Canada, USA, the Middle East and Asia. It has an annual capacity of 14 million tonnes, and aims to achieve a global capacity of 20-25 million tonnes. It has a significant presence in the key markets of Asia, Europe, Africa and North America. The company has specialized plants for value-added steel products such as pipes and plates and has a leadership position in the cold rolling, galvanizing and pre-coated segments.
Latest News
Essar Steel Minnesota Signs Landmark Iron Ore Pellet Off-Take Agreement with ArcelorMittal USA
11 February 2013 - Essar Steel Minnesota LLC announced it has entered into a long term iron ore pellet off-take agreement with ArcelorMittal USA.
Essar Steel Hazira Plant Honored for Excellence in Safety
31 December 2012 - The Essar Steel Hazira facility was recognized for excellence in safety, winning the runner-up Manufacturing Today Award 2012 in the large industries category.
Essar Steel Algoma Announces CEO Resignation
30 October 2012 - Essar Steel Algoma Inc. announced that CEO James Hrusovsky has tendered his notice of resignation to be effective 1 November 2012. He will also resign as a Director of the company.
Construction Still On-Going at Essar Steel Minnesota
25 September 2012 - Despite rumors to the contrary, construction is still continuing at the Essar Steel Minnesota site near Nashwauk, according to a report from the Grand Rapids Herald-Review.
Work Slows at Essar Steel Minnesota
12 September 2012 - Essar Steel officials have decided to temporarily slow construction of the company’s taconite pellet facility in Nashwauk, the Hibbing Daily Tribune reports.
Essar Steel Wins Global Pipe Orders Worth US$72 Million
29 August 2012 - Essar Steel has received two sizeable orders from the Middle East and Africa for manufacturing of API grade steel pipes worth Rs 400 crore (US$72 million).
Essar Steel Minnesota Announces Project Accomplishments
23 August 2012 - Essar Steel Minnesota announced major achievements for its iron ore mining and taconite pellet plant: during a tour of the site with IRRRB members, company spokespeople announced that they’ve secured over a billion dollars in project financing, the amount needed for their initial production of 4.1 million tons per year of taconite pellets.
Essar Steel Minnesota Receives First Large Equipment Shipment
20 June 2012 - Essar Steel Minnesota received the first of several large equipment shipments expected to arrive over the summer as the company makes progress toward startup in mid-2013.
