ArcelorMittal Nippon Steel India Plans for Rs 60,000 Crore Expansion Project in Gujarat, India

Specifications:

Name:

ArcelorMittal Nippon Steel India Plans for Rs 60,000 Crore Expansion Project in Gujarat, India

Location:

Gujarat, India

Company:

ArcelorMittal Nippon Steel India

Estimated Cost:

Rs 60,000 Crore

Source:

https://www.amns.in/

Introduction:

ArcelorMittal and Nippon Steel, two of the world's leading steelmakers - conducted a groundbreaking ceremony to mark the commencement of a Rs 60,000-crore investment programme to increase production capacity of its Hazira plant in Gujarat, India.

Features:

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.

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.

The state-of-the-art facilities to be set up

• Ironmaking process: Blast furnaces, sintering facilities, coke furnaces, etc.
• Steelmaking process: Basic oxygen furnaces, continuous casting machines, etc.
• Hot process: Hot Strip Mill, etc.