Business Standard

AM/NS mulls steel plant in Odisha seven years after ArcelorMittal pull out

Plant capacity pegged at 12 mn tonnes, firm plans state-of-the-art of rail mill, hot strip mill, value-added long and flat product capacities in the state

steel plant, steel, steel factory
Premium

Apart from the fresh proposal for a steel plant, AM/NS India has plans of doubling capacity at existing location in a phased manner

Ishita Ayan Dutt Kolkata
Seven years after ArcelorMittal pulled out from its greenfield project in Odisha, its joint venture with Nippon Steel – AM/NS India – may be considering setting up a steel plant in the state.

Dharmendra Pradhan, Union minister of steel, visited AM/NS India’s plant at Hazira (Gujarat) on Monday. The AM/NS leadership made a presentation on how it plans to contribute to the Atmanirbhar Bharat vision.

The minister tweeted after his visit: the clarion call for an Aatmanirbhar Bharat has paved the way for bold decisions and investments. Happy that AMNS India has evinced interest for expanding its investment footprints to

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in