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AM/NS unveils %60K cr plan for green steel drive in India
The Political and Business Daily
|April 17, 2025
ARCELORMITTAL Nippon Steel (AM/NS) India has announced a Rs 60,000 [ip crore investment plan to jf expand capacity, enhance scrap processing, and scale up renewable energy use as part of the drive to guile for the three-star rating under the government’s new carbon emission standards, company officials said.
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ArcelorMittal Nippon Steel India’s existing and anticipated manufacturing footprint and sustainability actions are set to ensure the company is ready to deliver a significant proportion of green steel in accordance with India’s new Green Steel Taxonomy, which is expected to be rolled out in FY 2026-27. With these endeavours, it is poised to become the first integrated steel co
This story is from the April 17, 2025 edition of The Political and Business Daily.
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