Page 6 - Nippon Steel

INOXAP bags contract for setting up ASU unit at AM/NS India's Hazira plant

Inox Air Products (INOXAP) said that the installation of the fifth ASU at Hazira will give shape to India's largest single operator onsite industrial gas complex on a build-own-operate (BOO) basis,

AM/NS buys Essar Steel's CPP under Sarfaesi, says lenders will recover 85%

The acquisition of EPORL was completed on Saturday. The move is yet another effort to make AM/NS India's operations self-reliant

AM/NS mulls steel plant in Odisha seven years after ArcelorMittal pull out

Plant capacity pegged at 12 mn tonnes, firm plans state-of-the-art of rail mill, hot strip mill, value-added long and flat product capacities in the state

A year of ArcelorMittal Nippon: A 'new type of steel company' in the works

Firm claims Covid has had no long-term impact, growth plans are on track and target of reaching 12-15 million tonne output remains

AMNS India keen to expand India footprint if it gets conducive environment

In an interview with Ishita Ayan Dutt, ArcelorMittal Nippon Steel India CEO Dilip Oommen makes a case for curbs on export of iron ore amid a shortage for domestic markets

ArcelorMittal-Nippon JV launches brands in HR steel, rolled plate segments

Products will be sold via the firm's hypermarkets and will largely target users in the MSME space

Covid-19: Nippon steel may hasten and extend restructuring measures

The group said in February it would shut nearly 10% of its production capacity

Nippon Steel to appeal against South Korean court allowing asset seizure

Japan's Deputy Prime Minister Taro Aso said that Tokyo would have to respond if the assets were seized but did not elaborate on what measures might be taken

ArcelorMittal Nippon Steel India EBITDA drops 23.5% to $107 mn in June qtr

ArcelorMittal, which holds 60% in AMNS India, said Covid-19 had severely disrupted domestic demand particularly in April

HC to hear AM/NS India petition on transfer of Hazira port licence tomorrow

AM/NS India had earlier this year applied to GMB for transfer of licence within days of acquiring Essar Steel (now AM/NS India) in a Rs 42,000 crore transaction under an insolvency process. But a deci

ArcelorMittal to invest Rs 2,000 cr in Odisha, says Lakshmi Mittal

Mittal said, the company would work on the two iron ore mines- Sagasahi and Thakurani in Odisha

Amid coronavirus lockdown, steel demand pick-up off to a slow start

Construction activities have resumed, albeit in a staggered manner; in some pockets there is demand for yellow goods as well

Covid-19 impact: AMNS India's March operations take a hit due to lockdown

The company said that it had moved to match production with the evolving orderbook; steel shipments for 2Q 2020 were expected within the range of 13.5 million tonnes to 14.5 million tonnes

Covid-19 impact: Steel firms to focus on exports till demand improves

For the next one to two months, the focus will be on a balance between domestic sales and exports, say experts

ArcelorMittal, Nippon sign $5.15 bn loan pact to refinance Essar Steel buy

The 10-year-term loan would be used to refinance their acquisition of Essar Steel India, now known as ArcelorMittal Nippon Steel India Ltd.

ArcelorMittal- Nippon Steel in talks to buy 500 Mw Bhander power unit

Power plant crucial to make its 9.6 MT plant self-sufficient

ArcelorMittal, Nippon Steel bullish on India despite economic slowdown

The joint venture - 60 per cent held by ArcelorMittal and the balance by Nippon Steel - was renamed AM/NS India

ArcelorMittal-Nippon Steel participating in iron ore auctions in Odisha

CEO Dilip Oommen said any steel company has to securitise its sources of raw materials and AMNS is no different

ArcelorMittal-Nippon plans to take control of captive jetty at Hazira

ArcelorMittal-Nippon Steel say that this was a captive licence for the steel plant and the captive jetty should remain with the plant

Gruelling battle for 865 days: The making of Rs 42,000-cr Essar Steel deal

Getting to this point wasn't easy. The road was riddled with challenges as much for ArcelorMittal as it was for stakeholders