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Construction > Steel Manufacturing/Distributors > Essar Steel | | 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. | | Visit Website |
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| Contact Details |
| CORPORATE OFFICE: | Essar Steel India Limited Essar House, 11, Keshavrao Khadye Marg Mahalaxmi Mumbai, MH, 400034 Phone : +91-22-24950606, 66601100 Fax : +91-22-24928896 Send Enquiry | | Hazira (Registered Office): | Essar Steel Limited 27th KM, Surat Hazira Road Hazira 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 Kirandul Chhatisgarh, CG, 494556 Phone : +91-7857-256500 Fax : +91-7857-256452 / 453
| | Pune: | Essar Steel India Ltd Gate No. 740, Pune Nagar Road Sanaswadi 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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| News |
Essar Steel Insolvency: Operational creditors can challenge IBC changes: Supreme Court Posted on 8th August 2019 |
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The Supreme Court on Wednesday gave a week’s time to the operational creditors of bankrupt Essar Steel to challenge the new amendments to the Insolvency and Bankruptcy Code, which granted more powers to the lenders. A bench led by justice RF Nariman deferred the hearing on a batch of appeals till August 19 so as to decide the issue in light of fresh challenges following recent amendments. Read More |
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Supreme Court orders status quo in Essar Steel insolvency case Posted on 22nd July 2019 |
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The Supreme Court Monday put on hold the sale of Essar Steel to ArcelorMittal as it agreed to hear the appeal filed by financial lenders against the NCLAT order, saying it would like to settle the issue “once and for all”. A bench of Justices R F Nariman and Surya Kant said the monitoring committee will continue its work till the case is heard on August 7. Read More |
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Essar Steel insolvency: Arcelor Mittal moves SC against NCLAT order Posted on 19th July 2019 |
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ArcelorMittal, which was declared the highest bidder for debt-laden Essar Steel, on Thursday moved the Supreme Court against a part of the order of the National Company Law Appellate Tribunal (NCLAT) which had ruled that the profit of Rs 3,495 crore generated during the corporate insolvency resolution process cannot be given to it. The appellate tribunal had held that the profit should be distributed among all the financial and operational creditors on a pro-rata basis of their claims. Read More |
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If not quashed, Essar Steel ruling can unravel India's insolvency reform Posted on 17th July 2019 |
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India’s insolvency tribunal has made a dangerous decision. Unless its judgment is quashed, credit costs for India Inc will surge, shares of state-run banks will swoon and foreign investors will flee. The case concerns the country’s most high-profile bankruptcy, Essar Steel India Ltd. Insolvency judges recently ruled that creditors whose claims are backed by collateral won’t get preferential treatment in the $6 billion sale of the company’s plant to ArcelorMittal. Read More |
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Essar Steel lenders move Supreme Court against NCLAT order Posted on 13th July 2019 |
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The State Bank of India-led committee of creditors (CoC) of the debt-laden Essar Steel on Friday approached the Supreme Court, challenging last week’s National Company Law Appellate Tribunal (NCLAT) order that reduced its share of the sale proceeds from 90% to 60%, apart from putting the operational creditors at par with financial creditors in terms of settlement of claims. Read More |
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