Search result for 'amns india'

AMNS India has commenced land acquisition in Andhra Pradesh for its proposed steel plant, with an initial capacity of 7.3 MTPA. The project is expected to create jobs and contribute to India's...

AMNS India has commissioned a scrap processing facility in Maharashtra as part of its Rs 350 crore investment plan, aiming to boost domestic scrap supply and meet rising demand for steel production.

ArcelorMittal reported a Q4 loss of USD 390 mn, down from USD 2,966 mn in 2023. Crude steel production rose to 14 MT in Q4, while full-year sales declined. The company targets USD 0.2 bn EBITDA...

India's steel industry expects growth from tax relief, particularly benefiting middle class spending on auto, consumer goods, and infrastructure.

Indian steel makers are calling for protectionist measures in the upcoming budget, citing concerns about dumping. They are also seeking incentives and logistical support to maintain growth momentum.

ArcelorMittal Nippon Steel India to commission two production lines at its Gujarat plant for advanced automotive steel, reducing imports and supporting 'Atmanirbhar Bharat'.

India's steel sector faces challenges from rising imports, volatile raw material prices, and the need to transition to green steel. The industry is seeking policy support to safeguard its interests...

India's steel ministry proposes a 25% safeguard duty on steel imports to protect domestic industry from cheap imports, raising concerns about FTAs and port delays.

ArcelorMittal's net income dropped 69% to USD 287 million in Q3 2024 due to lower steel shipments. Despite this, the company remains optimistic about the long-term outlook for steel.

Transformers and Rectifiers (India) secures orders worth Rs 270 crore from Adani Energy, Siemens, AMNS India and Jindal Group. The company aims to deliver the transformers by the next financial year.

Tributes pour in for Ratan Tata, former chairman of Tata Group, hailed as a visionary leader who transformed Tata Steel and inspired generations with his commitment to industry and society.

Tributes pour in for Ratan Tata, former Tata Group Chairman, hailed as a visionary leader who encouraged innovation and philanthropy. His contributions to industry and nation-building are remembered.

ArcelorMittal Nippon Steel India and XLRI-Jamshedpur sign MoU to foster innovation, develop talent, and drive leadership excellence in the manufacturing industry.

ArcelorMittal reported a 10% drop in net income to USD 900 million in Q1 2024, with crude steel production at 14.4 MT. The company's net debt decreased despite strategic investments.

Global steel giant ArcelorMittal reported a net loss of USD 2.966 billion in the December quarter, impacted by lower steel prices. Learn more about the company's financial performance.

India's 2024 budget focuses on infrastructure development, supporting key sectors like steel, railways, and renewable energy. Steel majors see this as a positive sign for economic growth and job...

Cisco and NAMTECH join forces to train 5,000 engineers in cybersecurity and AI for the manufacturing industry, bridging the gap between academia and industry.

ArcelorMittal Nippon Steel India (AM/NS India) will build the world's largest single-location integrated steel plant in Gujarat, with a capacity of 24 million tonnes.

ArcelorMittal Nippon Steel India (AM/NS India) to build the world's largest single-location integrated steel plant in Gujarat's Hazira with a capacity of 24 million tonnes by 2029.

India's steel sector is set for growth in 2024 with PLI 2.0, but concerns remain over imports & raw material costs. Experts predict strong demand, but industry players urge govt action.

AMNS India plans to set up three scrap processing centers in Gujarat and Maharashtra, aiming to increase its scrap mix-up to 9-10%.