Achieving geographic spread of its businesses is a key element in Essar’s global strategy. With this aim, the Company is actively seeking to position itself closer to either the end markets for its products or to the source of raw materials and energy reserves. Essar acquired Algoma Steel in Canada with a view to gain access to the lucrative North American market. Essar has also acquired Minnesota Steel LLC, a company located in the USA that controls iron ore resources in excess of 1.4 billion tonnes.

Besides the plants in Hazira and the Americas, Essar has a steel plant in Indonesia with a 400,000-tonne cold-rolling facility and a 150,000-tonne galvanizing facility. Greenfield projects in Vietnam (a hot strip mill with an annual capacity of two million tonnes) and Trinidad and Tobago (an integrated steel plant with an annual capacity of 2.5 million tonnes) are also under way.