AM/NS India plans to comission two new lines at Hazira plant
The steel major joint venture (JV) of ArcelorMittal and Nippon Steel is all set to commission its 2 million tonne (mt) auto-focused cold rolling mill (CRM) in Gujarat’s Hazira from March 2025. As per the firm investment in the downstream unit is around USD 1 billion, which is part of a USD 7.4 billion capex aimed at taking the upstream capacity at Hazira to 15 mt.
The two lines are:
- Continuous galvanizing line (CGL)
- Continuous galvanizing and annealing line (CGAL)
Both lines would be dedicated to manufacturing advanced automotive steel products and are expected to be fully operational in 2025.
Also Read: AM/NS to set new plant in Andhra, to invest over Rs 61,000 crore