ArcelorMittal Nippon Steel India, a joint venture between ArcelorMittal and Nippon Steel, two of the world’s leading steelmakers, conducted a groundbreaking ceremony to mark the commencement of an INR 60,000-crore investment programme to increase production capacity of its Hazira plant in Gujarat, from 9 million tonnes per annum to 15 million tonnes per annum. The ceremony was graced by Hon’ble Prime Minister of India Mr Narendra Modi, Gujarat CM Mr Bhupendra Patel, Steel Minister Mr Jyotiraditya Scindia and officials of ArcelorMittal & Nippon Steel including Mr Laxmi Mittal Mr Aditya Mittal and Mr Dilip Oommen The state-of-the-art facilities to be set upIronmaking process: Blast furnaces, sintering facilities, coke furnaces, etc.Steelmaking process: Basic oxygen furnaces, continuous casting machines, etc.Hot process: Hot Strip Mill, etc. This expansion at Hazira comes nearly three years after AM/NS India was established, and will involve upstream and downstream steelmaking expansion, creating more than 60,000 jobs and strengthening nearby communities with initiatives that deepen sustainability. Since 2019, AM/NS India has made strong progress on performance and debottlenecking at Hazira plant by applying the global best practices of its parent companies and investing in technology and R&D. The company is now a self-sustaining, free cash flow generating business and well-positioned in a fast-growing market to deliver long-term value to its employees, communities, and the Indian steel industry. As part of its expansion programme, AM/NS India will continue to contribute to the strengthening of India’s steelmaking expertise and capabilities, including the development of downstream facilities to produce value-added steels to reduce India’s reliance on steel imports for use in sectors such as defence, automotive and infrastructure.
ArcelorMittal Nippon Steel India, a joint venture between ArcelorMittal and Nippon Steel, two of the world’s leading steelmakers, conducted a groundbreaking ceremony to mark the commencement of an INR 60,000-crore investment programme to increase production capacity of its Hazira plant in Gujarat, from 9 million tonnes per annum to 15 million tonnes per annum. The ceremony was graced by Hon’ble Prime Minister of India Mr Narendra Modi, Gujarat CM Mr Bhupendra Patel, Steel Minister Mr Jyotiraditya Scindia and officials of ArcelorMittal & Nippon Steel including Mr Laxmi Mittal Mr Aditya Mittal and Mr Dilip Oommen The state-of-the-art facilities to be set upIronmaking process: Blast furnaces, sintering facilities, coke furnaces, etc.Steelmaking process: Basic oxygen furnaces, continuous casting machines, etc.Hot process: Hot Strip Mill, etc. This expansion at Hazira comes nearly three years after AM/NS India was established, and will involve upstream and downstream steelmaking expansion, creating more than 60,000 jobs and strengthening nearby communities with initiatives that deepen sustainability. Since 2019, AM/NS India has made strong progress on performance and debottlenecking at Hazira plant by applying the global best practices of its parent companies and investing in technology and R&D. The company is now a self-sustaining, free cash flow generating business and well-positioned in a fast-growing market to deliver long-term value to its employees, communities, and the Indian steel industry. As part of its expansion programme, AM/NS India will continue to contribute to the strengthening of India’s steelmaking expertise and capabilities, including the development of downstream facilities to produce value-added steels to reduce India’s reliance on steel imports for use in sectors such as defence, automotive and infrastructure.
