ArcelorMittal Nippon Steel India to invest USD1.1 billion in new cold-rolling and galvanizing lines

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Investments

Nippon expects the high value steel products made by the new lines to be supplied primarily to automakers in the country

Nikkei Asia reported on 1 June that joint venture ArcelorMittal Nippon Steel (AM/NS) India will invest USD1.1 billion to build advanced steel processing lines at the AM/NS integrated steelworks plant in Hazira, Gujarat, India.

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