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ArcelorMittal Nippon Steel Shifts Focus to Andhra Pradesh as Odisha Project Stalls

Steel behemoth ArcelorMittal Nippon Steel India (AMNS India) is gaining momentum to set up a ₹55,964-crore greenfield steel plant in Andhra Pradesh, while...

IndustrialNewsSteel DailyTrending News

ArcelorMittal’s 1GW Green Power Project Begins Supplying Clean Energy to AM/NS Steel Plant

ArcelorMittal’s $700 million Andhra Pradesh green power project has finally commenced supplying green power to AM/NS India-owned Hazira steel plant in Gujarat owned...

NewsSteel DailyStocks

Steel Stocks Surge: Five Key Drivers Behind the Market Rally

The sectoral leader at Friday’s session was the Nifty Metal Index, which ended sharply higher, riding the wind after the monetary policy announcement...

NewsSteel Daily

ArcelorMittal Registers 56% EBITDA Decline Following Pressure on Prices

ArcelorMittal/Nippon Steel India, the Indian arm of London-based steel behemoth ArcelorMittal, experienced a sliding-down scenario for its EBITDA to more than halve to...

NewsSteel DailyTrending News

ArcelorMittal Nippon Steel’s ₹1.4 Lakh Crore Investment Fuels Andhra Pradesh’s Growth

ArcelorMittal Nippon Steel is leading a much-awaited investment, chief minister of Andhra Pradesh announced in a hallmark statement made to the public, and...

NewsSteel Daily

AM/NS India to Make Car Makers Independent on Steel Imports

ArcelorMittal-Nippon Steel joint venture, AM/NS India, is planning to force carmakers to stop importing steel by March 2025. “We will commission a new...

ConstructionNewsSteel DailyTrending News

AM/NS India to expand supply of construction equipment steel with new hot strip mill

ArcelorMittal Nippon Steel India to Raise Availability of Construction Steels with the newly commissioned hot strip mill, the major steel company that is...

ConstructionNewsSteel DailyTrending News

Odisha Government Initiates Land Acquisition for ArcelorMittal’s Rs 1.02-Lakh Crore Steel Plant in Kendrapada

The Odisha state government has begun the process to acquire 383 acres of land for the first phase of ArcelorMittal Nippon Steel’s proposed...