Essar Steel won the first iron ore mine auctioned by the government, bagging the Ghoraburhani-Sagasahi iron ore mine in Odisha with an aggressive bid that was at a premium of 44% of the average price. Ghoraburhani-Sagasahi mine, spread over 139.2 hectares, is estimated to have 99.59 million tonnes of reserves.
Essar Steel India is one of India’s leading integrated steel producers with an annual production capability of 10 MTPA. The state-of-the-art facilities comprise iron ore beneficiation, Pellet making, iron making, steel making, and downstream facilities, including a cold rolling mill, a galvanizing and pre-coated facility, a steel-processing facility, an extra-wide plate mill and 3 pipe mills with coating facilities.
