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Essar Steel

Essar Steel
Public company
Industry Steel
Founded 1998
Headquarters Mumbai
Key people
Mr.Shashi Ruia, Chairman
Dilip Oommen, MD & CEO
Revenue 153.40 billion (US$2.3 billion)
Total assets 477.88 billion (US$7.1 billion)
Total equity 71.035 billion (US$1.1 billion)
Parent Essar Group
Subsidiaries ESSAR Steel India Limited, Essar Steel Algoma, Essar Hypermart, Essar Steel Minnesota LLC.
Website www.essar.com

Essar Steel is one of the leaders in India and abroad in the steel sector, part of the Essar Group. The company has a number of international centers.The company is classified as an NPA by PSU lenders and have sold the advance asset to restructuring companies [27.06.16 11.30am CNBC TV18]


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