ArcelorMittal to Build World’s Largest Single Steel Manufacturing Factory in Gujarat by 2029
Leading global steel producer ArcelorMittal to build the world’s single largest steel manufacturing factory at Hazira in Gujarat having capacity of 24 million tonnes per annum. Feb 22, 2024 Leading global steel manufacturer ArcelorMittal has announced that it will build the world’s single largest steel manufacturing factory at Hazira in Gujarat by 2029. The announcement […]
ArcelorMittal Nippon Steel to Invest INR 100 Crore to Set Up Three Scrap-Processing Centres
AM/NS India plans to invest INR 100 crore to set up three scrap-processing centers in Gujarat and Maharashtra. Dec 06, 2023 ArcelorMittal Nippon Steel India (AM/NS India) plans to set up three dedicated scrap-processing centers in Gujarat and Maharashtra, as major steel companies in India anticipate difficulties in meeting their scrap requirements through imports. AM/NS […]
Japan’s Nippon Steel Set to Acquire U.S. Steel for USD 14.9 Billion in Cash
U.S. Steel has been sold to Japan’s Nippon Steel for USD 14.9 billion in cash outbidding Cleveland-Cliffs, ArcelorMittal, and Nucor. Nippon’s acquisition marks its move toward 100 million metric tons of global crude steel capacity, while significantly expanding its production in the United States. Dec 19, 2023 Japan’s Nippon Steel secured a USD 14.9 billion […]
