AM/NS India Plans for Optigal to Rule 80% of its Colour-Coated Steel
Steel

AM/NS India Plans for Optigal to Rule 80% of its Colour-Coated Steel

ArcelorMittal Nippon Steel (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel, expects Optigal to make up nearly 80% of its colour-coated steel product portfolio. Ranjan Dhar, Director and Vice-President of Sales and Marketing at AM/NS India, shared that the company has invested around Rs 600 billion in the first phase of its expansion in Hazira, with part of this investment allocated to producing Optigal in India. Optigal, a product used for roofing, fencing, and cladding in residential and commercial projects, was previously available only in international markets. It is manufactured using ArcelorMittal’s patented Zinc-Aluminium-Magnesium technology. Earlier this year, AM/NS India began producing Optigal locally, starting with Karnataka, a region strategically chosen due to its demographic, coastal geography, and consumer preference for high-quality, durable materials. The response in Karnataka has been positive, and the company anticipates growing demand and market share for Optigal in the region. AM/NS India currently produces around 700,000 tonnes of colour-coated steel annually, with Optigal accounting for approximately 250,000 tonnes. As adoption increases, the company plans to transition its entire colour-coated steel portfolio to the Optigal substrate. Over the next two to three years, the company aims to boost its colour-coated steel production capacity to 1.1–1.2 million tonnes. Beyond colour-coated steel, AM/NS India is expanding its overall production capacity in India from 9 million tonnes to 15 million tonnes by next year. The company’s crude steel capacity is 9 million tonnes per annum, supported by advanced downstream facilities. It produces a wide range of flat steel products, including value-added steel, and has a pellet capacity of 20 million tonnes. (Business Line)

ArcelorMittal Nippon Steel (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel, expects Optigal to make up nearly 80% of its colour-coated steel product portfolio. Ranjan Dhar, Director and Vice-President of Sales and Marketing at AM/NS India, shared that the company has invested around Rs 600 billion in the first phase of its expansion in Hazira, with part of this investment allocated to producing Optigal in India. Optigal, a product used for roofing, fencing, and cladding in residential and commercial projects, was previously available only in international markets. It is manufactured using ArcelorMittal’s patented Zinc-Aluminium-Magnesium technology. Earlier this year, AM/NS India began producing Optigal locally, starting with Karnataka, a region strategically chosen due to its demographic, coastal geography, and consumer preference for high-quality, durable materials. The response in Karnataka has been positive, and the company anticipates growing demand and market share for Optigal in the region. AM/NS India currently produces around 700,000 tonnes of colour-coated steel annually, with Optigal accounting for approximately 250,000 tonnes. As adoption increases, the company plans to transition its entire colour-coated steel portfolio to the Optigal substrate. Over the next two to three years, the company aims to boost its colour-coated steel production capacity to 1.1–1.2 million tonnes. Beyond colour-coated steel, AM/NS India is expanding its overall production capacity in India from 9 million tonnes to 15 million tonnes by next year. The company’s crude steel capacity is 9 million tonnes per annum, supported by advanced downstream facilities. It produces a wide range of flat steel products, including value-added steel, and has a pellet capacity of 20 million tonnes. (Business Line)

Next Story
Real Estate

Mahindra Lifespaces Bags Rs 12.5 billion Redevelopment in Mulund

Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has been appointed as the preferred developer for the redevelopment of a premium housing society in Mulund (West), Mumbai. The project will be developed across a 3.08-acre land parcel, with an estimated development value of approximately Rs 12.5 billion. Strategically located, the site enjoys proximity to major connectivity points—just 1.4 km from the upcoming Mumbai Metro Line 5 and 0.8 km from the Goregaon-Mulund Link Road. It also offers seamless access to the Eastern Expre..

Next Story
Infrastructure Urban

Snowman Adds Warehouses in Kolkata and Krishnapatnam

Snowman Logistics, India’s leading integrated temperature-controlled logistics company, has announced the commencement of operations at its two new state-of-the-art, owned cold storage facilities in Kolkata and Krishnapatnam. With these additions, the company’s total pallet capacity has reached 1,50,754, spanning 43 warehouses in 20 cities across the country. The newly operational Kolkata facility offers a storage capacity of 5,630 pallets, while the Krishnapatnam facility holds 3,927 pallets. These warehouses are equipped with advanced automation and infrastructure designed to enhanc..

Next Story
Resources

Noesis Enables IHCL Hotel Deal in Udupi–Manipal Corridor

NOESIS Capital Advisors, India’s leading hotel investment advisory firm, has successfully facilitated a landmark hospitality transaction in the Udupi–Manipal region of Karnataka. The deal involves the acquisition of a nearly completed, 130-key upscale hotel that will operate under one of the premium brands of IHCL, reinforcing NOESIS’ position as a preferred partner for strategic hospitality transactions across India. Strategically located on the Udupi–Manipal Highway, the 1.03-acre property will cater to business travellers, pilgrims and families visiting Manipal University. With..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?