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ArcelorMittal Nippon Steel's Two New Output Lines to Boost Auto Biz
Financial Express Kochi
|January 20, 2025
ArcelorMittal Nippon Steel (AM/NS) India is looking to give a boost to its automotive steel business with the scheduled commissioning of two production lines dedicated to manufacturing advanced automotive steel products.
The new lines—a Continuous Galvanizing Line (CGL) and a Continuous Galvanizing and Annealing Line (CGAL)—are expected to be fully operational by March, a top company official said.
These two facilities will be part of the upcoming Cold Rolling Mill 2 (CRM2) complex at its flagship plant in Hazira, Gujarat, which has been developed with an estimated investment of ₹8,500 crore.
The two units will enable the production of ArcelorMittal as well as Nippon Steel's licensed products, with strength levels of up to 1,180 Megapascals (MPa), in both coated and uncoated steel.
This story is from the January 20, 2025 edition of Financial Express Kochi.
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