RECORDS 61% Q-O-Q GROWTH IN Q3 FY 2016-17
Mumbai, January 5, 2017: Essar Steel India Limited (EStIL) has recorded highest ever quarterly production with a 61% quarter-on-quarter growth in the third quarter ended December 31, 2016. The total flat steel production stood at 1.48 million tonnes, compared to 0.92 million tonnes in the corresponding period last year. Pellet production also grew by 99% to 2.59 million tonnes compared to 1.30 million tonnes in the same quarter last year.
Product Q3 FY17 production Q3 FY16 production Growth
(in mn tonnes) (in mn tonnes)
Pellets 2.59 1.3 99%
Liquid Steel 1.41 0.87 62%
Flat Products 1.48 0.92 61%