25
May
13:59
AMNS India to expand pellet production capacity
AMNS India aims to increase iron ore pellet production capacity from the existing 8 million tonnes/year to 11m t/y at its Vizag unit in Andhra Pradesh province. The announcement comes, surprisingly, three days after India imposed a whopping 45% duty on pellet exports, Kallanish notes.
“ArcelorMittal Nippon Steel India has confirmed a proposed investment of INR 1,000 crores [$128.84 million] towards the brownfield expansion of its Vizag pellet plant, to incre…
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Anonymous
Very good overview of the weekly steel market.
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