ArcelorMittal India FY20 steel output at record level of 7.23 mn tonnes

Production up 5% from last year despite challenging economic conditions, including Covid-19 fallout

ArcelorMittal Nippon Steel India (AM/NS India) has clocked a record crude steel production of 7.23 million tonne (mt) in FY20, up 5 per cent from last year despite challenging economic conditions, including the fallout of Covid-19, in the fourth quarter of the financial year.
 

During the year, the company’s blast furnace set a new benchmark in productivity through our in-house innovation, which enabled it to operate consistently over its rated capacity, said AM/NS in a release on Thursday.
 

Pellet production reached 11.63 million tonne during the period, up 9.4 per cent from 10.63 million tonne the previous financial year.
 

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