•Sesa Goa Limited is the largest producer & exporter of iron ore, in the private sector, in India with mining operations in Goa, Karnataka & Orissa.

• In April 2007 the Sesa group was taken over by Vedanta resources PLC. •Sesa Industries, an 88% subsidiary of Sesa Goa Limited, was started in 1992 for manufacturing of pig iron.

•SIL manufactures basic, foundry and nodular grade pig iron for the steel mills and foundries. It also sells good quality slag to the cement industry.

COMPANY PROFILE

• Sesa Industries is the first compa ny to introduce low phosphorous foundry grade pig iron in India, in 1992.

• The Company’s plant at Amona, strategically situate d on the banks of the Mandovi river, has two blast furnaces of 173 m3 volume and a combined annual capacity of 292,000 metric tonnes.

• Sesa’s pig iron pla nt manufactures special gra des of pig iron to meet different customer require ments. –Low sulphur and low manga nese conte nt pig iron. –Nodular grade pig iron.

PROCESS

Structure of the iron ore industryThe iron ore industry could be called an oligopolistic industry—not in the strict sense of the word though. There are many players in the iron ore industry. However, there are major four players—RIO, BHP, VALE, and FMG—that control the bulk of the export market. Through their supply decisions, at any given time, they decide the price and demand being left to the prevailing market factors.

India, Asias 2nd Largest economy announced a 50% jump in export duties to 30% from 20%, to conserve supplies for domestic steelmakers.Improved Performance due to; – High volume – Government Policies – Increased operating efficiency – Financial restructuring