AM/NS India Presents Expansion Plans to Steel Minister
ArcelorMittal Nippon Steel India welcomed India’s steel minister Mr Dharmendra Pradhan at its Hazira manufacturing facility on January 4, 2021.
ArcelorMittal Nippon Steel India welcomed India’s steel minister Mr Dharmendra Pradhan at its Hazira manufacturing facility on January 4, 2021. AMNS India leadership made a presentation on the company’s future plans. Mr Pradhan said “The Company has plans to expand its capacity at Hazira and is actively engaging to come up with a steel plant in Odisha. I am happy that AM/NS India has evinced interest for expanding its investment in Odisha, especially in the areas of value added & special steels.”
AM/NS India CEO Mr Dilip Oommen said “It is encouraging to receive the government’s support to deliver on our promise of providing better steel to New India. AM/NS India is confident of sustainably meeting the growing steel demand through various products and significantly contributes to the Prime Minister’s vision of an Atmanirbhar Bharat.”
AM/NS India recently celebrated its first anniversary since the acquisition of Essar Steel. Moving forward, AM/NS India’s long-term production intention is to expand upstream and downstream capacity in a phased manner, and make a notable contribution to the country’s steel needs by providing a spectrum of diversified and superior products.
ArcelorMittal Nippon Steel India is also operating a 12 million tonne per annum capacity iron ore palletisation facility in Paradip. They are planning additional capacity addition of 8 million tonne per annum for the palletisation plant and are also actively engaging to come up with a 12 million tonne per annum steel plant in Odisha.