+
ArcelorMittal Nippon Steel India begins feasibility study for steel plant
Steel

ArcelorMittal Nippon Steel India begins feasibility study for steel plant

ArcelorMittal Nippon Steel India (AM/NS India) has started a feasibility study with the Odisha government for its proposed 12 million tonne per annum (mtpa) integrated steel plant in the state's Kendrapara district.

As we have reported earlier, AM/NS India had signed a memorandum of understanding (MoU) with the Odisha government in March 2021 to set up a greenfield project in Kendrapara at an investment of Rs 50,000 crore.

AM/NS, in cooperation with the Odisha government has started a feasibility study, securing relevant permissions, land acquisition, developing logistics infrastructure, and other enabling conditions to plan for the project construction.

The Thakurani iron ore mines in Odisha, which AM/NS India won in an auction, are now producing at full capacity of 5.5 mtpa. The company's second pellet plant in Odisha is expected to be completed in April-June 2021, adding 6 mtpa to the company's total pellet production capacity of 20 mtpa, according to AM/NS.

AM/NS India is a 60-40 joint venture between Japan's Nippon Steel and Luxembourg-based ArcelorMittal.

Image Source


Also read: ArcelorMittal Nippon Steel to set up Rs 50,000-cr integrated unit in Odisha

ArcelorMittal Nippon Steel India (AM/NS India) has started a feasibility study with the Odisha government for its proposed 12 million tonne per annum (mtpa) integrated steel plant in the state's Kendrapara district. As we have reported earlier, AM/NS India had signed a memorandum of understanding (MoU) with the Odisha government in March 2021 to set up a greenfield project in Kendrapara at an investment of Rs 50,000 crore. AM/NS, in cooperation with the Odisha government has started a feasibility study, securing relevant permissions, land acquisition, developing logistics infrastructure, and other enabling conditions to plan for the project construction. The Thakurani iron ore mines in Odisha, which AM/NS India won in an auction, are now producing at full capacity of 5.5 mtpa. The company's second pellet plant in Odisha is expected to be completed in April-June 2021, adding 6 mtpa to the company's total pellet production capacity of 20 mtpa, according to AM/NS. AM/NS India is a 60-40 joint venture between Japan's Nippon Steel and Luxembourg-based ArcelorMittal. Image Source Also read: ArcelorMittal Nippon Steel to set up Rs 50,000-cr integrated unit in Odisha

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code