ArcelorMittal Nippon Steel to launch ₹70,000 cr steel plant
after close1 source ↓written by the desknot a recommendation
- integrated steel plant
- ₹70,000 cr
- per annum capacity
- 8.2 million tonnes
- for development
- 2,200 acres
ArcelorMittal Nippon Steel India will begin construction next week on a ₹70,000 cr integrated steel plant in Andhra Pradesh, aiming for 8.2 million tonnes per annum capacity. This project, India's largest greenfield steel initiative, will enhance the company's reach in eastern and southern markets. The Andhra Pradesh government has provided 2,200 acres for development and expedited approvals.
Not investment advice. For informational purposes only.