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Home > Businesses > Steel > In focus

Stellar performance by Essar Steel’s Downstream Unit

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April 18, 2017 Bookmark and Share  
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Essar Steel’s Downstream Facility at Hazira has turned out an impressive performance with record production in all its units in year ended March 31, 2017. The total Cold Rolling production registered a growth of 49% at 10.51 lakh tonnes as compared to 7.05 lakh tonnes in the corresponding period last year with a capacity utilization of 83%. Pickling line has recorded a growth of 39% at 12.67 lakh tonnes as compared to 9.11 lakh tonnes in the same period last year with a capacity utilization of 91%. Galvanizing unit also recorded growth of 52% at 5.36 lakh tonnes compared to 3.52 lakh tonnes in the same period last year with a capacity utilization of 107%.

FY 2016-17

E

Product

April-Mar17 (KT )

April-Mar16 (KT)

Growth (%)

Capacity utilization

Cold Rolling

1051.26

704.28

49%

82.90%

P&O (Pickling)

1266.48

910.50

39%

90.50%

Galvanizing

535.63

352.28

52%

107.10%

During Q4 ended March 31, 2017, the Downstream Unit has recorded a growth of 23% in Cold Rolling production at 2.74 lakh tonnes compared to 2.23 lakh tonnes in the same period last year with a capacity utilization of 86%. Pickling line has recorded a growth of 13% at 3.23 lakh tonnes as compared to 2.86 lakh tonnes in the same period last year with a capacity utilization of 92%. Galvanizing unit recorded growth of 31% at 1.38 lakh tonnes compared to 1.05 lakh tonnes in the same period last year with a capacity utilization of 110%.

Q4 FY 2016-17

E

Product

Jan-Mar17 (KT)

Jan-Mar16 (KT)

Growth (%)

Capacity utilization

Cold Rolling

274.02

222.62

23%

86.40%

P&O (Pickling)

323.10

285.74

13%

92.30%

Galvanizing

137.91

105.29

31%

110.30%

 

 

 
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