AM/NS India to Set Up 24 MMTPA Steel Plant worth INR 1.5 Lakh Crore in Andhra Pradesh
The steel plant will reportedly be set up in two phases. In the first phase, the plant will produce 7.3 million metric tonnes of stainless steel per annum. Its capacity will be expanded to 24 million metric tonnes per annum in the second phase. The first phase of the steel plant is expected to be […]
ArcelorMittal Nippon Steel India Eyes Record Breaking USD 1 Billion Loan
The State Bank of India, ICICI Bank Limited and Axis Bank Limited are expected to sign the deal, which will possibly be the largest local-currency loan taken in India in 2024. May 2, 2024 ArcelorMittal Nippon Steel India Limited, a partnership between two major steelmakers of the world, is holding talks with leading Indian banks […]
