Essar pellet site on track, but slab on hold

Oct 09, 2012 | 11:01 AM | Michael Cowden

Tags  Essar, Essar Steel Algoma, Akhil Dutta, Essar Steel Minnesota, pellet, slab, slab casting, Steel Market Update Steel Summit

ROSEMONT, Ill. — Essar Steel Minnesota LLC plans to begin pellet production in 2013, but a previously slated slab-casting facility won’t be in the cards under current market conditions, a company executive said.

The pellet project is expected to get started "sometime in the later part of 2013" and will have an initial capacity of some 4 million tons per year. That is expected to ramp up to roughly 6 million tons per year after seven....

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