Tag: Essar Steel iron ore sourcing

Essar Steel – an integrated steelmaker with steel making capacity of 10 MnT pa reduced its iron ore & pellet sourcing by 59% Y-o-Y in FY17. The company sourced 11.6 MnT iron ore & pellets in FY17 against 7.28 MnT iron ore & pellets in FY16. In FY17, the steel maker sourced 94% from domestic…