Tag: Essar Steel iron ore sourcing

The steel maker has procured 6.49 MnT iron ore & pellets so far (till Oct’16) in this fiscal. Essar Steel – an integrated steelmaker with steel making capacity of 10 MnT pa has reduced its iron ore sourcing by 13% M-o-M from 1.1 MnT in Sept’16 to 0.96 MnT in Oct’16. The steelmaker relied completely…