Essar Steel
 | |
| Company type | Public |
|---|---|
| Industry | Steel |
| Founded | 1998 |
| Headquarters | Mumbai[1] |
Key people | Mr.Shashi Ruia, Chairman Dilip Oommen, CEO & MD |
| Revenue | ₹35,000 crore (US$4.2 billion) [2] |
| Parent | Essar Group |
| Subsidiaries | Essar Steel Algoma, Essar Hypermart, Essar Steel Minnesota LLC[3] |
| Website | www.essar.com |
Essar Steel is a globally-renowned steel corporation with a production capacity of 14 MTPA and footprint that straddles 5 continents – Asia, Africa, Europe, the Americas and Australia. Its Hazira Complex, in Gujarat, is now the 4th largest single location flat steel plant in the world. .[4]
Fully integrated from mining to retail, Essar Steel's production capacity is meeting the growing demand of steel, globally. Furthermore, seamless integration, robust downstream capabilities, and a worldwide network of processing and distribution facilities only add to Essar Steel’s potential and reach.
Essar Steel’s product portfolio includes Hot Rolled, Cold Rolled, Galvanised, Colour Coated steel, and Pipes and Plates. It has a completely integrated distribution business consisting of nine steel processing and distribution centres with an aggregate capacity of over 5 million tonnes and 375 retail outlets under the brand Essar Hypermart.
Essar Steel commands uninterrupted access to some of the world’s finest iron ore deposits. This ensures self-sufficiency in operations, and goes a long way in delivering high-quality, cost-effective steel products. It's products find wide acceptance in highly discerning consumer sectors such as automotive, white goods, construction, engineering, hydrocarbon and shipbuilding.
Essar Steel invests heavily in research and development technologies, in a bid to provide steel buyers with new-age products. Partnerships with research institutes such as the IITs, BHEL, INSDAG, ARAI etc. and global steel majors like Kobe Steel, Japan, are a step towards empowering its customers with new ideas in steel.
Essar Steel implements rigorous testing and inspection processes to make sure customers get a product that conforms to the highest standards of accuracy, consistency and quality. It is conferred with ISO: 9001:2000, ISO 14001, ISO 27001, OHSAS 18001:1999, etc.
Essar Steel has always been profoundly aware of its responsibilities as a corporation. It has pioneered efforts towards social responsibilities, community outreach, global citizenship and sustainable business practices.
References
- ^ "Essar Group | Businesses | Steel | Contact us". Essar.com. 2010-05-06. Retrieved 2010-12-01.
- ^ "Essar Steel merger complete". Business-standard.com. Retrieved 2010-12-01.
- ^ "Essar Steel ties up funds for $1 billion US mining project". The Hindu Business Line. 2010-09-18. Retrieved 2010-12-01.
- ^ Saha, Sambit (2010-09-18). "The Telegraph - Calcutta (Kolkata) | Business | Essar Steel thinks global". Calcutta, India: Telegraphindia.com. Retrieved 2010-12-01.