AM/NS India Plans for 17.8-Million-Metric-Ton Integrated Mill
11/04/2024 - AM/NS India, a joint venture between ArcelorMittal and Nippon Steel, plans to build an integrated steel mill in the Anakapalli district of Andhra Pradesh, The Economic Times of India reports.
Representing a proposed aggregate investment of Rs 1.4 lakh crore (approximately US$16.7 billion), the plant would be one of the largest greenfield projects in recent times.
The first phase of the project is reported to include a 7.3-million-metric-tons-per-annum (MMTPA)-capacity blast furnace facility. The company has sought 2,600 acres of land for the first phase, according to The Economic Times.
Manoranjan Kumar, chief of ports operations and development at AM/NS, told The Economic Times, “We plan to have a steel manufacturing capacity of 40 MMTPA by 2035.”
Read more here.
The first phase of the project is reported to include a 7.3-million-metric-tons-per-annum (MMTPA)-capacity blast furnace facility. The company has sought 2,600 acres of land for the first phase, according to The Economic Times.
Manoranjan Kumar, chief of ports operations and development at AM/NS, told The Economic Times, “We plan to have a steel manufacturing capacity of 40 MMTPA by 2035.”
Read more here.
