Reuters logo
BRIEF-Essar Steel India flat steel production up 47 pct in FY 2016-17
April 4, 2017 / 8:57 AM / 8 months ago

BRIEF-Essar Steel India flat steel production up 47 pct in FY 2016-17

April 4 (Reuters) - Essar Steel India Ltd

* Essar Steel India flat steel production up 47% in fy 2016-17

* Essar Steel India says FY pellet production also grew by 60% to 9.3 million tonnes compared to 5.8 million tonnes in same period last year

* Essar Steel India Ltd -during q4 co recorded growth of 25% in flat steel production at 1.5 million tonnes Source text - (Essar Steel India Limited (EStIL) has substantially improved its performance for the year ended March 31, 2017. The total flat steel production registered a growth of 47% at 5.6 million tonnes, compared to 3.8 million tonnes in the corresponding period last year. Pellet production also grew by 60% to 9.3 million tonnes compared to 5.8 million tonnes in the same period last year. The production of value-added steel has risen by 20% to 2.8 million tonnes as against 2.3 million tonnes in the corresponding period of last year. During Q4 ended March 31, 2017, Essar Steel has recorded a growth of 25% in flat steel production at 1.5 million tonnes as against 1.2 million in the same period last year. The Company has registered a growth of 21% in Pellet production at 2.3 million tonnes compared to1.9 million tonnes in the corresponding period of last year Product) Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below