By IANS,
Ahmedabad : Essar Steel Thursday announced the commissioning of its compact strip production (CSP) mill at its Hazira complex near Surat in Gujarat.
The mill has a capacity of 3.5 million tonnes per annum (MTPA).
This is a key part of Essar Steel’s plans for expanding its steel production capacity at Hazira complex from 4.6 to 10 MTPA, a statement by the company said.
The expansion is being done at a cost Rs.13,500 crore.
This will be India’s largest flat steel facility at any single location and amongst the ten largest facilities in the world, the company said.
It is one of the few fully integrated steel facilities and will produce the entire range of flat products.
The total investment in Essar’s Hazira steel complex is Rs.30,000 crore, the statement added.
Essar Steel, part of the Essar Group, is a fully integrated flat carbon steel manufacturer with a presence in North America, Europe, Middle East and southeast Asia.