💨 Abstract

ArcelorMittal Nippon Steel India, a joint venture between ArcelorMittal and Nippon Steel, plans to establish a new integrated steel plant in Andhra Pradesh with an initial capacity of 7.3 million tonnes per annum. This expansion is part of the company's strategy to grow in India, which aims to reach 300 MTPA crude steel capacity by 2030.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖