05
Nov
10:20
AMNS India third-quarter output rebounds on post-lockdown demand
Easing lockdown measures and returning demand helped AMNS India lift capacity utilisation in the third quarter from the heavily impacted Q2. Third-quarter crude steel output rose 50% on-quarter to 1.8 million tonnes, with Ebitda at $176 million, says majority shareholder ArcelorMittal.
Ebitda in the nine months through September was at $423m.
AMNS India, a joint venture with Nippon Steel, said recently it plans to set up a long product mill in Gujarat to supply t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous