AM/NS India sets up new line to produce specialised steel for auto sector
It will manufacture Galvanised (GI) and Galvannealed (GA) coated flat steels, including ArcelorMittal as well as Nippon Steel's licensed products. These offerings will provide recyclability, high-formability, fuel efficiency through lightweighting, and enhanced safety – key requirements for modern mobility solutions, especially with India's Corporate Average Fuel Efficiency (CAFE) Phase III norms coming into effect in April 2027.
The production capacity of 2 million tonnes from the new CGL will substitute imports of high grade specialised steel by automobile companies.
Dilip Oommen, Chief Executive Officer, AM/NS India said, 'The commissioning of the new line and upcoming facilities are designed to produce steel that matches the quality of offerings currently available in developed nations. We will provide the best-in-class products that the country needs.'
'With the support from our parent companies, we have set new benchmarks and further strengthened our ability to deliver world-class products, including the highest-strength steel ever produced in India to meet the evolving needs of the automotive sector. Indigenous production from this unique line will contribute meaningfully towards the country's self-reliance goal,' he added.
This is part of the company's ₹60,000-crore expansion project to develop upstream, downstream, and other enabling facilities.
'The expansion project is progressing well to scale up the company's production capacity from the current 9 mtpa to 15 mtpa, with a goal of reaching 24 mtpa at its Hazira plant. This includes both upstream and downstream steelmaking capabilities,' the company said. Separately, the company will set up an integrated steel plant in Andhra Pradesh where it has already commenced the land acquisition process. Plans are also on track to set up integrated steel plants in Odisha, where the company has presence.
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Time of India
5 hours ago
- Time of India
AM/NS India commissions India's first high-strength galvanising line at Hazira
New Delhi: ArcelorMittal Nippon Steel India ( AM/NS India ) has commissioned a new Continuous Galvanising Line (CGL) at its integrated steel plant in Hazira, Gujarat, becoming the first company in the country with a facility capable of producing Advanced High-Strength Steel (AHSS) with strength levels up to 1180 megapascals (MPa). The development is part of the company's ongoing ₹60,000 crore expansion project aimed at scaling up its upstream and downstream production capacity. The expansion project was inaugurated by Prime Minister Narendra Modi in 2022 and targets increasing the Hazira plant's capacity from the current 9 million tonnes per annum (MTPA) to 15 MTPA, with a future goal of reaching 24 MTPA. The new CGL is designed to manufacture Galvanised (GI) and Galvannealed (GA) coated flat steels, including licensed products from parent companies ArcelorMittal and Nippon Steel. These products are aimed at meeting the demand for high-formability and high-strength materials in the domestic automotive industry, especially in view of India's Corporate Average Fuel Efficiency (CAFE) Phase III norms coming into effect from April 2027. "The commissioning of the first-of-its-kind Continuous Galvanising Line marks another defining moment in our expansion project, inaugurated by the Hon'ble Prime Minister Narendra Modi ji. This ambitious project's efforts are now coming to fruition, and we can proudly say that the new line and upcoming facilities are designed to produce steel that matches the quality of offerings currently available in developed nations," said Dilip Oommen, Chief Executive Officer, AM/NS India. "With the constant support from our parent companies, we have set new benchmarks and further strengthened our ability to deliver world-class products, including the highest-strength steel ever produced in India to meet the evolving needs of the automotive sector. Indigenous production from this unique line will contribute meaningfully towards the country's self-reliance goal,' he added. The new line incorporates environmental technologies including waste heat recovery, advanced thermal energy control, regenerative electrical drives and the use of electrolytic hydrogen. These are expected to reduce CO₂ emissions intensity in line with India's Green Steel Taxonomy and sustainability goals. In addition to Hazira, the company is also progressing plans for new integrated steel plants in Andhra Pradesh and Odisha. Land acquisition has commenced in Andhra Pradesh, while planning for the Odisha project is underway. The company said the commissioning strengthens its downstream capacity for value-added steel products and helps reduce reliance on imports of high-grade steel. The facility also supports India's Production Linked Incentive (PLI) scheme and other initiatives to promote domestic manufacturing of specialised steel products.
The Hindu
17 hours ago
- The Hindu
AM/NS India sets up new line to produce specialised steel for auto sector
ArcelorMittal Nippon Steel India (AM/NS India) has announced the commissioning of a new, Continuous Galvanising Line (CGL) at its plant in Hazira, Gujarat making it the only company in India with a modern CGL line capable of producing Advanced High-Strength Steel (AHSS) with strength levels up to 1180 megapascals (MPa) – essential for safety, durability, and sustainability for automotive applications. It will manufacture Galvanised (GI) and Galvannealed (GA) coated flat steels, including ArcelorMittal as well as Nippon Steel's licensed products. These offerings will provide recyclability, high-formability, fuel efficiency through lightweighting, and enhanced safety – key requirements for modern mobility solutions, especially with India's Corporate Average Fuel Efficiency (CAFE) Phase III norms coming into effect in April 2027. The production capacity of 2 million tonnes from the new CGL will substitute imports of high grade specialised steel by automobile companies. Dilip Oommen, Chief Executive Officer, AM/NS India said, 'The commissioning of the new line and upcoming facilities are designed to produce steel that matches the quality of offerings currently available in developed nations. We will provide the best-in-class products that the country needs.' 'With the support from our parent companies, we have set new benchmarks and further strengthened our ability to deliver world-class products, including the highest-strength steel ever produced in India to meet the evolving needs of the automotive sector. Indigenous production from this unique line will contribute meaningfully towards the country's self-reliance goal,' he added. This is part of the company's ₹60,000-crore expansion project to develop upstream, downstream, and other enabling facilities. 'The expansion project is progressing well to scale up the company's production capacity from the current 9 mtpa to 15 mtpa, with a goal of reaching 24 mtpa at its Hazira plant. This includes both upstream and downstream steelmaking capabilities,' the company said. Separately, the company will set up an integrated steel plant in Andhra Pradesh where it has already commenced the land acquisition process. Plans are also on track to set up integrated steel plants in Odisha, where the company has presence.
Economic Times
17 hours ago
- Economic Times
AM/NS India expanding capacity for downstream products by more than 51% by this year-end: Dilip Oommen
Synopsis AM/NS India is significantly boosting its downstream product capacity by over 51% to five million tonnes by year-end, aiming to meet rising demand from the auto and appliance sectors. This expansion, part of an ₹8,500 crore investment, includes commissioning a galvanizing line capable of producing high-strength steel, reducing imports. MUMBAI—AM/NS India is expanding capacity for downstream products by more than 51% to five million tonnes by this year-end, said Dilip Oommen, chief executive, underscoring efforts to meet demand from automobiles and other industries such as India—a joint venture between steel giant ArcelorMittal and Japan's Nippon Steel—can currently produce up to 3.3 million tonnes downstream products annually. The company currently ranks among India's top flat steel producers, with a capacity of 9 million tonnes at its plant in Hazira, Gujarat. JSW Steel, the largest producer of steel in the country, has a downstream capacity of more than 13 million tonnes, while Tata Steel has more than 4 million tonnes of downstream Wednesday, the company commissioned a continuous galvanising line in Hazira, becoming the only Indian company with the capability to produce steel with strength of up to 1180 megapascals. This high-strength steel, which finds application in the auto industry, is currently imported, and AM/NS is looking to substitute these currently consumes about 8 million tonnes of flat steel per year for automobiles, of which around 10-15% is imported. AM/NS will commission additional galvanising lines by the end of the year, further increasing its downstream offerings. 'This is a part of the Rs 8,500 crore capital expenditure planned for downstream expansion,' Oommen India has already spent 85-90% of the planned capex. The remainder will be spent through the course of the year, he company currently garners about 60% of its sales from downstream from the auto sector, these downstream products will be used for manufacturing appliances, green steel, and in the solar energy space, said senior company though, will remain a critical part of the company's downstream portfolio, given the premiumisation happening in the space, they per its latest available financial results, in fiscal 2024, AM/NS posted a net profit of Rs 6,997.23 crore on a revenue of Rs 57,433.02 crore. It had earnings before interest, tax, depreciation and amortisation of Rs 14,925 crore for the year.
