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Essar's flat steel Q1 output up 48 per cent

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Essar Steel India Ltd (EStIL) has recorded 48 per cent growth in flat steel production at 1.22 million tonnes in the first quarter of the current fiscal compared to 0.824 million tonnes year ago.

The total production stood at 1.22 million tonnes (in April-June quarter), compared to 0.824 million tonnes in the corresponding period last year.

However, the pellet production also grew by 58 per cent to 2.02 MT during the quarter, compared to 1.28 MT in the year ago period. The liquid steel production too grew at 52 per cent at 1.23 MT in the first quarter of this fiscal compared to 0.81 MT a year ago.

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