Business Economy


AM/NS India to commission two production lines this year

AM/NS India to commission two production lines this year

New Delhi, Jan 19 (UNI) ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel, on Sunday said that it will commission this year two production lines dedicated to manufacturing advanced automotive steel products.

"Once operational, the production of the two units will substitute imports of high-end steel required by the entire automotive sector, promoting the ‘Atmanirbhar Bharat’ initiative. In addition, all the products will match the quality standards of parent companies—ArcelorMittal and Nippon Steel. Some of the offerings currently available globally will also be manufactured for the first time in India," the company said in a media release.

The new lines—a Continuous Galvanising Line (CGL) and a Continuous Galvanising and Annealing Line (CGAL), embedding the technical know-how of the parent companies—are expected to be fully operational in 2025. These two facilities will be part of the upcoming Cold Rolling Mill 2 (CRM2) complex at its flagship plant in Hazira, Gujarat.

The two units will enable the production of ArcelorMittal as well as Nippon Steel’s licensed products, with strength levels up to 1180 MPa, in both coated and uncoated steel.

The expansion aims to meet the growing demand for high-quality, value-added automotive steel in India, which currently stands at 7.8 million tonnes per annum (MTPA) for flat steel and is projected to grow by 6-7% annually.

Dilip Oommen, Chief Executive Officer of ArcelorMittal Nippon Steel India (AM/NS India), said,“This expansion plays a key role in our strategy to strengthen the country’s steel ecosystem and boost global competitiveness, thereby reinforcing the ‘Atmanirbhar Bharat’ initiative.”

UNI NK ARN

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