Malay Mukherjee, who is the chief executive officer of Essar Steel, has claimed that his company is now in an ideal position to take advantage of the evolution of the steel industry and he hopes the company can play a part in shaping Indian steel baron Lakshmi Niwas Mittal’s steel empire.

Malay takes prides in referring to himself as a steel industry guy rather than as the head of Essar Steel and he plans to make this steel industry experience count when promoting Essar.

When asked about the future of the company recently he commented “Essar Steel’s growth story is not only limited to tonnage. It is a different game for us. As you see the company’s distribution network was a pioneering concept in the Indian steel industry. Just like the concept of electric arc furnace for the production of flat steel products.

“So our company is not only about assets but about intellectual property as well as the vision behind the growth.

“Another aspect of Essar Steel is that it has always looked at steel manufacturing from a complete integration perspective. Today everybody is talking about beneficiation of iron ore while Essar got its beneficiation and pelletisation plant some 10 years back.
These are the aspects of Essar Steel which have been examples for others to follow and this is what Essar Steel wants to keep doing in the next five years also.”