Poging GOUD - Vrij
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.
Dit verhaal komt uit de January 20, 2025-editie van Financial Express Kochi.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Financial Express Kochi
Financial Express Kochi
Russia not averse to Ukraine joining EU: US officials
RUSSIA HAS INDICATED it's open to Ukraine joining the European Union as part of a potential peace deal to end the war, US officials said Monday.
1 min
December 16, 2025
Financial Express Kochi
Create more space to let solar power flow
Solar power is auctioned almost every fortnight and developers are actively securing capacity, so boosting transmission network is crucial to reap benefits
3 mins
December 16, 2025
Financial Express Kochi
‘Top 15-20% of consumers driving growth energy’
Sudhir Sitapati, MD & CEO, Godrej Consumer (GCPL), says there is cautious optimism among FMCG players, driven by GST 2.0 price reductions, rural demand anda gradual urban recovery.
1 mins
December 16, 2025
Financial Express Kochi
Rural jobs scheme reloaded
THE RENAMED AND updated MGNREGA seeks a complete overhaul of the 2-decade-old programme to curb rampant leakages. A look at the key changes
1 min
December 16, 2025
Financial Express Kochi
DGCA panel visits IndiGo HQ amid crisis
THE FOUR-MEMBER panel, set up by Director General of Civil Aviation Faiz Ahmed Kidwai to investigate large-scale operational disruptions at domestic carrier IndiGo earlier this month, visited the airline's headquarters on Monday as part of the ongoing probe, sources said.
2 mins
December 16, 2025
Financial Express Kochi
With YONO 2.0, SBI aims to double users to 200 mn
STATE BANK OF INDIA on Monday launched YONO 2.0, a revamped version of its digital banking platform You Only Need One (YONO).
1 min
December 16, 2025
Financial Express Kochi
Tata Power to explore 20-50 MW small modular projects: CEO
TATA POWER WILL explore setting up small modular reactor (SMR) projects of 20-50 megawatt capacity post legal amendments required for the entry of private players into the nuclear space, a top company official said.
1 min
December 16, 2025
Financial Express Kochi
Trump’s steep H-1B visa fee…
“THE FEAR IS that if you have truly exceptional talent overseas, those people are definitely going to be missing out.”
1 mins
December 16, 2025
Financial Express Kochi
MUFG nears $3.2-bn deal to buy 20% in Shriram Fin
MITSUBISHI UFJ FINANCIAL
1 min
December 16, 2025
Financial Express Kochi
'Our vision is to build a future-ready airport'
Noida International Airport (NIA) expects to handle 6 to 8 million passengers in the first full year of operation and will connect the Delhi national capital region to 10 domestic and some international destinations, Christoph Schnellmann, the airport's chief executive officer, told Yaruqhullah Khan in an interview.
2 mins
December 16, 2025
Listen
Translate
Change font size