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ArcelorMittal (MT)
- Reuters
Nippon Steel says India JV with ArcelorMittal to spend $5 billion to boost capacity
TOKYO (Reuters) -An Indian joint venture of ArcelorMittal and Nippon Steel will invest 410 billion rupees ($5 billion) to boost crude steel output capacity by 6 million tones a year at its Hazira plant, the Japanese firm said on Wednesday. The AM/NS India joint venture will build two blast furnaces, along with many other facilities, in its Hazira plant in western India, with plans to start operations by mid-2026. The expansion is aimed at meeting growing steel demand in India and winning a bigger slice of the market.
- Globe Newswire
ArcelorMittal S.A.: ArcelorMittal holds investor meeting in India, highlighting the quality, capability and ambition of its Indian steelmaking joint venture
Event emphasises strong recent progress at AM/NS India and the scope of work being undertaken to further strengthen and grow the business 27 September 2022, 14:30 CET ArcelorMittal, the world’s leading steel and mining company, today hosted an investor and analyst event at AM/NS India’s flagship plant at Hazira, Gujarat, the first such meeting since ArcelorMittal and Nippon Steel jointly acquired the Indian asset in December 2019. The event focused on the progress AM/NS India has achieved since
- Globe Newswire
ArcelorMittal S.A.: ArcelorMittal announces the issuance of €600,000,000 4.875 per cent notes due 26 September 2026 under its €10,000,000,000 EMTN Programme
26 September 2022, 17:00 CET ArcelorMittal announces the issuance of €600,000,000 4.875 per cent notes due 26 September 2026 (the “Notes”). The issuance closed today. The Notes were issued under ArcelorMittal’s €10,000,000,000 wholesale Euro Medium Term Notes Programme. The proceeds of the issuance will be used for general corporate purposes and refinancing of existing indebtedness. Important note: This press release does not, and shall not, in any circumstances constitute a public offering by A
