Essar Steel
From Infogalactic: the planetary knowledge core
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| Public company | |
| Industry | Steel |
| Founded | 1998 |
| Headquarters | Mumbai[1] |
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Key people
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Mr.Ravi Ruia, Chairman Dilip Oommen, CEO |
| Revenue | ₹153.40 billion (US$2.3 billion)[2] |
| Total assets | ₹477.88 billion (US$7.1 billion)[2] |
| Total equity | ₹71.035 billion (US$1.1 billion)[2] |
| Parent | Essar Group |
| Subsidiaries | ESSAR Steel India Limited, Essar Steel Algoma, Essar Hypermart, Essar Steel Minnesota LLC.[3] |
| Website | www.essar.com |
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.
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.[4]
- 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.[5] It has a current capacity of 8.6 million tonnes which they plan to raise to 14 mt by 2011-12.[6]
See also
- ESSAR Steel India Limited — Essar Steel in India.
References
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Steel industry of India
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