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Essar Steel India's Q1 flat steel output at 1.57 MT

Press Trust of India  |  New Delhi 

Essar Steel Limited (ESIL) today said it has recorded a 29 per cent growth in flat steel production at 1.57 million tonne (MT) during the first quarter of the current fiscal.

Its flat steel production stood at 1.21 million tonne in the corresponding period of 2016-17 fiscal, the company said in a statement.

Pellet production also grew by 36 per cent to 2.75 million tonne as compared to 2.02 million tonne in the same quarter of last year, it said.

The supplies to original equipment manufacturer (OEM) segment including auto, white and yellow goods registered a growth of 64 per cent at 2.05 lakh tonne in the April-June quarter as against 1.25 lakh tonne in the same period of last financial year, it added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, July 11 2017. 20:23 IST