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ArcelorMittal Nippon Steel begins land acquisition for setting steel plant at Anakapalli

Summary by The Hindu

In the first phase it will have a capacity of 7.30 MTPA and it will be scaled up by 10.50 MTPA in the first and second phase

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ArcelorMittal Nippon Steel begins land acquisition for setting steel plant at Anakapalli

In the first phase it will have a capacity of 7.30 MTPA and it will be scaled up by 10.50 MTPA in the first and second phase

5 days ago·India

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THE TIMES OF BENGAL

AM/NS India Commences Land Acquisition to Set up Integrated Steel Plant in Andhra Pradesh - The Times of Bengal

Reinforces commitment to support nation’s crude steel capacity goal of 300 MTPA by 2030 Land possession expected soon, to pave the way to commence work on the greenfield project ArcelorMittal Nippon Steel India (AM/NS India) today announced the beginning of the acquisition of a land parcel in Anakapalli district, Andhra Pradesh, as part of its plans to set up a state-of-the-art integrated steel plant in Rajayapeta. The initial payment for acqui…

4 days ago

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Billionaires.Africa

South Africa’s IDC seeks control of ArcelorMittal SA, linked to Noluthando Gosa

Key PointsSouth Africa’s state-owned IDC eyes controlling stake in ArcelorMittal SA to save jobs and key steel mills amid the financial crisis.South African government allocates $23 million to keep Amsa’s mills running while reviewing import tariffs and facing industry challenges.Businesswoman Noluthando Gosa’s 6.15% stake in Amsa amplifies her role in ongoing IDC negotiations.South Africa’s state-owned Industrial Development Corporation (IDC) i…

5 days ago

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Asian News

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up18news.com

AM/NS India Commences Land Acquisition To Set Up Integrated Steel Plant In Andhra Pradesh

Mumbai/ Amaravati (AP) [India], March 28: ArcelorMittal Nippon Steel India (AM/NS India) today announced the beginning of the acquisition of a land parcel in Anakapalli district, Andhra Pradesh, as part of its plans to set up a state-of-the-art integrated steel plant in Rajayapeta. The initial payment for acquiring the land has been made, and possession is expected soon, paving the way for the company to commence work on the greenfield project. …

5 days ago

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