Arcelormittal Nippon Steel Targets 10 Lakh Tonnes Colour-Coated Steel Capacity by 2026

By By Rediff Money Desk, Mumbai
Aug 23, 2024 22:31
Arcelormittal Nippon Steel India aims to boost its colour-coated steel capacity to 10 lakh tonnes by 2026, aiming for a 27% market share. The company currently produces 7 lakh tonnes annually.
Photograph: Amit Dave/Reuters
Mumbai, Aug 23 (PTI) Arcelormittal Nippon Steel India on Friday said it is aiming to increase the colour-coated steel capacity to 10 lakh tonnes per year by 2026 from the present 7 lakh tonnes.

The company is aiming to grow its market share to up to 27 per cent from 20-22 per cent at present, the company said in a statement.






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Source: PTI
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