ArcelorMittal Nippon Steel chief Dilip Oommen to retire; Amit Harlalka promoted to CEOArcelorMittal Nippon Steel India announces CEO Dilip Oommen's retirement on June 30. Oommen will continue as a board member and Vice-Chairm...
AM/NS India lays foundation for ₹70,000 crore steel plant in AndhraAM/NS India has begun construction of a major steel plant in Anakapalli, Andhra Pradesh. This significant project represents a Rs 70,000 cr...
Andhra Pradesh targets $2.4 trillion economy by 2047, eyes 15% CAGR with sectoral cluster pushAndhra Pradesh targets a $2.4 trillion economy by 2047. The state aims for a 15% annual growth rate. Investments are flowing into Andhra Pr...
Andhra CM lays foundation for Rs 1.36 lakh crore ArcelorMittal Nippon Steel India steel plantAndhra Pradesh Chief Minister N Chandrababu Naidu initiated the foundation for a massive ArcelorMittal Nippon Steel India steel plant. This...
AM/NS to start work on mega Andhra plant next weekJV of ArcelorMittal and Nippon Steel to invest ₹70,000 cr to add 8.2 mt capacity in phase one
Green nod to India’s largest steel plant in Andhra PradeshIndia's largest greenfield steel plant is set to be built in Anakapalli, Andhra Pradesh. AM/NS India secured environmental approval and lan...
AM/NS India expanding capacity for downstream products by more than 51% by this year-end: Dilip OommenAM/NS India is significantly boosting its downstream product capacity by over 51% to five million tonnes by year-end, aiming to meet rising...
AM/NS India to get Rs 28,000 crore sop from Andhra Pradesh for new steel plantAndhra Pradesh government is set to provide incentives to Arcelor Mittal Nippon Steel (AM/NS) India. The incentives are worth up to Rs 28,0...
AM/NS India Q3 Results: EBITDA slumps 70% YOY on lower steel pricesEven though shipments of 1.89 million tonne in the Jul-Sep period were marginally higher than 1.87 million tonne in the same quarter last y...
AM/NS to set up Rs 1.4 lakh crore steel project in Andhra PradeshAM/NS India, a collaboration between ArcelorMittal and Nippon Steel, plans to launch a 17.8 million tonnes steel project in Andhra Pradesh ...
AM/NS India profits may rise 2.5x by 2026AM/NS India anticipates a significant boost in operating profit and cash flows with its expansion phases. The first phase, expected to comp...
AM/NS India launches patented colour coated product in IndiaIndia currently consumes around 3.2 million tonne of coated steel each year, he told ET, adding that the demand for this product from the v...
AM/NS India will look at acquisitions if opportunities come its way: CEOAM/NS India is actively seeking acquisition opportunities. CEO Dilip Oommen confirmed ongoing interest in viable deals, including talks wit...
Steel exports down by a third on weak demand, Chinese competitionChinese mills are also reported to be undercutting other steel producers in terms of prices. This, in turn, has had an impact on exports by...
AM/NS India signs pact with NSDC to provide digital skill training“India has the world’s youngest population who deserve an adequate training ecosystem in place to be able to truly flourish and deliver on ...
ArcelorMittal Nippon Steel India Q1 EBITDA at $140 millionAM/NS India received approval from NCLT Cuttak for its resolution plan for OSPIL.
ArcelorMittal Nippon Steel completes acquisition of Bhander power unit in HaziraBhander, a natural gas-based thermal plant with an installed capacity of 500 MW, will remain captive to AM/NS India’s steel manufacturing o...