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11 Nov
12:44

AMNS India steel output rises, advances capacity expansion

ArcelorMittal Nippon Steel (AMNS) India’s crude steel production grew 7% on-year to 1.89 million tonnes in the September quarter, against 1.77mt a year earlier. Production rose 3% on-quarter, Kallanish notes. Deliveries dropped marginally by 1% on-year to 1.76mt. They grew, however, 3% on-quarter against 1.72mt in the June quarter. Ebitda surged 213% on-year to $551 million during the period. Crude steel production in January-September grew 17% on-year to 5…
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