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AM/NS India targets 70% of its production to be 'green steel' by FY27

With India's new green steel taxonomy expected to be implemented in FY27, AM/NS is confident in its ability to lead the Indian green steel industry

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AM/NS India aims to reduce carbon emissions intensity by 20 per cent by 2030, targeting 1.8 tonnes of CO2 equivalent (CO2e) per tonne of crude steel (tCO2/tcs) from the 2021 baseline (Photo: Reuters)

Puja Das New Delhi

4 min read Last Updated : Apr 16 2025 | 11:42 PM IST

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ArcelorMittal Nippon Steel (AM/NS) India plans to make 70 per cent of its steel production ‘green’ by financial year 2027 (FY27), aligning with India’s rollout of a green steel taxonomy.

The Indian government introduced the taxonomy for green steel last December, which is expected to be rolled out in FY27. The move is expected to advance decarbonisation of India’s steel industry and stimulate demand for greener steel both within India and abroad.

Green steel is classified based on the emissions intensity of the steel plant where it is produced. To qualify as green, the CO2 emissions intensity must be below

Topics : Nippon Steel Industry