Electrosteel Steels was set up to build a 2.5mn t/yr integrated steel plant in the east Indian state of Jharkhand. The plant is operating, but its production capacity is unclear. The court has also concluded a hearing in the bankruptcy case against bigger private-sector producer Essar Steel, but has not yet reached a verdict. The Gujarat High Court in western India last month rejected an appeal by Essar Steel to stop its lenders taking it to the country's bankruptcy court. Bankruptcy proceedings have disrupted coking coal sales in India, as sellers are not confident about the credit-worthiness of the affected steel producers.