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Essar Steel to re-start pellet production at Visakhapatnam unit

17 Oct 2014 Evaluate

Essar Steel is planning to re-start pellet production at its cyclone-hit Visakhapatnam unit in two-three days, even as work is under way to restore the plant. The company has an eight-million-tonne-per-annum (mtpa) pellet plant in Visakhapatnam and another of six-mtpa at Paradip (Odisha), which were not affected in the recent cyclone. The iron ore required for the pellet plant is pumped through a slurry pipeline from the eight-mtpa beneficiation plants at Bailadilla (Chhattisgarh) and 12-mtpa plant at Dabuna (Odisha), which have rich iron ore deposits.

The recent cyclone at Visakhapatnam has caused damage to some of the utilities and peripheral facilities. However, there is minimal damage to the main plant.

Essar Steel, as part of its business activity of steel manufacturing has a gas plant which produces oxygen, nitrogen, and argon gases, while Inox Air Products is engaged in the business of manufacturing and supplying industrial gases across India.

Peers
Company Name CMP
Tata Steel 206.55
JSW Steel 1204.00
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