ROSEMONT, Ill. Essar
Steel Minnesota LLC plans to begin pellet production in 2013,
but a previously slated slab-casting facility wont be in
the cards under current market conditions, a company executive
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 to eight months of operation, Essar Steel Algoma Inc.
general manager of U.S. sales Akhil Dutta said.
But there are "absolutely no"
plans to go ahead with a slab caster at present, he added.
"Yes, it has been contemplated.
And if the market conditions really look promising, then it can
be done," Dutta said. "The provision has already been provided
to put up a slab plant. But right now, there are not any
concrete plans for it."
Dutta made the comments Monday
during a question-and-answer session at Steel Market
Updates third annual Steel Summit conference in Rosemont,
Pellets from Nashwauk,
Minn.-based Essar Steel Minnesota are expected to supply sister
company Essar Steel Algoma, Sault Ste. Marie, Ontario (
amm.com, June 8, 2011).
Another phase of the Minnesota
project calls for a direct-reduced iron facility and a
slab-casting plant that had been slated to begin operation in
amm.com, July 28, 2011).