Essar Steel has successfully commissioned a Corex module, with a capacity of 0.87 MTPA, as part of its expansion programe for increasing steel production capacity from 4.6 MTPA to 10 MTPA at its Hazira complex. It has earlier commissioned Blast furnace and a DRI module. With this the iron making capacity has reached over 9.5 MTPA. A second Corex module of 0.87 MTPA is expected to be commissioned shortly. The overall expansion including downstream facilities at Hazira is being done at a cost Rs.17,000 crores.
The first tap of Hot metal from Corex was successfully converted into saleable product, which is a remarkable achievement.
Highlights of the Essar's Corex facility can be summarized as follows:
- Significant lower investment costs and operating costs vis-à-vis blast furnace
- Outstanding environmental compatibility
- Highest operational flexibility, i.e., production output and diversifying energy needs
- Use of Corex export gas for many applications within the plant
Essar Steel Hazira complex is thus poised to become India’s largest flat steel facility at any single location and amongst the ten 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.
The recently installed state of the art Compact Strip plant, Plate mill along with steel making capability allows us to produce high quality value added products to serve both the domestic and export markets.
Major facilities are expected to be commissioned by March 2012.
About Essar Steel
Essar Steel, a global producer of steel with a production capacity of 14 MTPA. It is a fully integrated flat carbon steel manufacturer with a presence in North America, Europe, Midddle East and South East Asia, UK, UAE and Indonesia. Its products find wide acceptance in highly discerning consumer sectors such as automotive, white goods, construction, engineering, hydrocarbon and shipbuilding. It is the most 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 centres and retail outlets under the brand Essar Hypermart. It operates eight steel processing and distribution centres globally with an aggregate capacity of over4.5 million tonnes. Essar has the largest retail channel through over 600 Essar Hypermarts.
For Media Queries
Manish Kedia, Sr. VP – Corporate Affairs, Essar Group, +91 98197 30092, Email: firstname.lastname@example.org
B.Ganesh Pai, VP - Corporate Communications, Essar Group, +91 98197 30225, Email: email@example.com