ArcelorMittal Nippon Steel India (AM/NS India) aims to enhance steel production efficiency and reach a total processing capacity of 0.5 million TPA by setting up three more facilities by FY26 worth INR 350 crore.
Mar 28, 2025
In order to strengthen domestic scrap supply chains and meet the growing demand for high-quality scrap for its steel production, ArcelorMittal Nippon Steel India (AM/NS India) has commissioned its first scrap processing facility in Khopoli, Maharashtra, with a capacity of 120 kTPA.
Mr. Akshaya Gujral, Executive Director of Downstream Operations at AM/NS India, said that under its investment programme worth INR 350 crore, the company planned to set up at least three more facilities and reach the total processing capacity of 0.5 million TPA by FY26.
With 65 percent of its existing steelmaking capacity operating on gas-based Direct Reduced Iron-Electric Arc Furnace (DRI-EAF), AM/NS India planned to achieve 10 percent scrap utilisation by 2030.
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Through the INR 350 crore investment plan, the company aimed to meet the rising customer demand for recycled steel, formalise the domestic scrap market, and support India’s sustainability goals, he added.
