Author: Rounak Gairarey
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India: Electrosteel Production Ramps Up After Vedanta’s Acquisition
Electrosteel Steels Ltd (ESL) based in Bokaro, eastern India reported significant rise in hot metal production including finished products. The performance boosted after acquisition of 90% share capital by Vedanta Limited during June 2018. Electrosteel has reported total production for FY19 was 1,199,000 MT, 17% higher Y-o-Y as a result of operational & commercial excellence…