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12 Feb
14:48

AMNS India foresees strong 2021 following fourth-quarter improvement

ArcelorMittal Nippon Steel (AMNS) India saw fourth-quarter-of-2020 crude steel production rise to 1.9 million tonnes, the strongest quarterly output last year, which bodes well for 2021, ArcelorMittal says. This was supported by a V-shaped Indian demand recovery post Covid-19 lockdowns, Kallanish notes. The Indian firm is on course to complete by end-March the 6 million tonnes/year capacity addition at its Paradeep, Odisha iron ore pellet plant. This wi…
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