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Essar Steel
Essar Steel Processing and Distribution is India's largest steel solution's chain with a capacity of 5 MTPA, located in seven key industrial hubs in India - Hazira, Pune, Chennai, Indore, Bhuj, the NCR region, Kolkata and three international locations - Dubai and Indonesia. It offers tailor-made steel supply solutions with an emphasis on reducing inventory levels and processing costs with just-in-time supplies. The Processing and Distribution facilities at Essar Steel have the ability to process all kinds of steel with versatile production lines - cut to length, slitting, shot blasting, burnt to shape, trapezoidal, and factory-welded beams. Each processing and distribution facility is always equipped with an adequate inventory to cater to the regular, urgent or complex needs of a customer.
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Contact Details
CORPORATE OFFICE:Essar Steel India Limited
Essar House, 11, Keshavrao Khadye Marg
Mumbai, MH, 400034
Phone : +91-22-24950606, 66601100
Fax : +91-22-24928896
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Hazira (Registered Office):Essar Steel Limited
27th KM, Surat Hazira Road
Surat, GJ, 394270
Phone : +91-261-2872400
Paradip:Essar Steel India Ltd.
Port and Jetties Project, HIG-II, 1st Floor, Gaurav Bihar, Housing Board Colony
Madhuvan, Paradip
Jagatsinghpur, OR, 754142
Phone : +91-6722228031 / 32 / 33
Visakhapatnam:Essar Steel India Limited
Scindia Road
near flyover
Visakhapatnam, AP, 530004
Phone : +91-891-2559901 / 10
Fax : +91-891-2559383, 2556907
Kirandul:Essar Steel India Limited
Beneficiation Plant, Palnar Road, Near Manual Loading Point
Chhatisgarh, CG, 494556
Phone : +91-7857-256500
Fax : +91-7857-256452 / 453
Pune:Essar Steel India Ltd
Gate No. 740, Pune Nagar Road
Pune, MH, 411208
Phone : +91-2137-667878
Dabuna:Essar Steel India Ltd
C/O- KM Barik, Kuladera, Near DIC Office
Mining Road
Keonjhar, OR, 758001
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Essar Steel case: SC rejects operational creditors’ plea, promoters move NCLAT
Posted on 12th February 2019
Even as the Supreme Court on Monday dismissed the petitions of operational creditors of bankrupt Essar Steel, which includes Indian Oil Corporation, the promoters of the company — Ruias — moved the National Company Law Appellate Tribunal (NCLAT) against the January order of the Ahmedabad bench of the National Company Law Tribunal (NCLT) which had rejected its plea for placing an offer for resolution of the company. Read More

Essar Steel case: Standard Chartered delaying insolvency process, CoC tells NCLT
Posted on 9th February 2019
Standard Chartered Bank (SCB) doesn’t have anything to argue as its loan is not secured with project assets but it is still delaying the case using arm-twisting and blackmailing tactics, the Committee of Creditors (CoC) counsel told the Ahmedabad bench of National Company Law Tribunal (NCLT) on Friday during the hearing of Essar Steel insolvency case. Read More

Essar Steel insolvency case: Lenders to gain more, Arcelor tells NCLT
Posted on 8th February 2019
Defending itself against Standard Chartered Bank from diluting its bid for Essar Steel, ArcelorMittal on Thursday told the National Company Law Tribunal’s Ahmedabad Bench that lenders would gain more from the deal. The bank alleged that as against an upfront payment of Rs 42,000 crore, in addition to working capital adjustments of Rs 2,500 crore, the LN Mittal-led firm negotiated its bid downwards in collaboration with State Bank of India-led Committee of Creditors (CoC). Read More

Essar Steel bid: StanChart demands equal treatment for CoC members
Posted on 6th February 2019
During the hearing of Essar Steel’s insolvency case at the Ahmedabad bench of National Company Law Tribunal (NCLT), Standard Chartered Bank (SBC) counsel argued that SBC was discriminated against and not counted as a secure financial creditor and, as result of which, the bank was getting mere `60.71 crore against `3,487 crore, which is hardly 1.7 percent of total claim.

The counsel told NCLT on Tuesday that SBC too should be treated equally with other members of committee of creditors (CoC). Read More

Essar Steel resolution in final lap
Posted on 24th January 2019
The long-drawn Essar Steel insolvency saga may now be heading towards a denouement. Nearly 550 days after the case was admitted by a company tribunal to find a suitor, more than twice the law-mandated deadline of 270 days, it now appears a successful resolution plan may be declared shortly. Read More
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