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ArcelorMittal Nippon Steel India to Boost Domestic Automotive Steel

The company has invested Rs 85 billion into this new product line.

Published

10 months ago

January 21, 2025

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ArcelorMittal Nippon Steel India (AM/NS India) is set to commission a 2 million tonne production capacity for advanced automotive steel products at its Hazira plant by March 2025. This new capacity aims to eliminate the need for steel imports in India’s automotive sector, aligning with the government’s ‘Atmanirbhar Bharat’ initiative.
The company has invested Rs 85 billion into this new product line, which will specifically cater to the automotive industry. AM/NS India is in the final stages of obtaining approval from various automobile manufacturers for the new production.
The expansion includes two new units: a Continuous Galvanizing Line and a Continuous Galvanizing and Annealing Line, which will incorporate advanced technical expertise from both ArcelorMittal and Nippon Steel. These units are expected to be fully operational in 2025 and will produce licensed products with strength levels up to 1180 MPa in both coated and uncoated steel.
This initiative builds on AM/NS India’s earlier success with its introduction of Optigal and Magnelis products. The company aims to meet the growing demand for high-quality automotive steel in India, which currently stands at 7.8 million tonnes annually and is projected to grow by 7% each year.

Ranjan Dhar, Director and Vice-President of Sales and Marketing at AM/NS India, emphasized that the automobile industry currently imports about 15% of its annual 8 million tonne steel consumption. With the new production lines, the company expects to meet this demand domestically, eliminating imports altogether. The product response from the automotive sector has been promising, with AM/NS India already supplying 1.2 million tonnes of auto-grade steel.
AM/NS India aims to capture 30-35% of the auto-grade steel market in India with this expansion.

In addition to its automotive steel venture, AM/NS India plans to increase its crude steel production capacity to 15 million tonnes per annum by 2026, up from the current 9 million tonnes. This expansion will involve an investment of over Rs 600 billion.
The company is also showcasing its automotive innovations, including ArcelorMittal’s Multi Part Integration (MPI) solutions, at the ongoing Bharat Mobility Global Expo. These solutions offer cost efficiencies, reduced manufacturing costs, and streamlined processes through integrated designs, benefiting various automotive applications.
(Business Line)

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L&T wins Hindalco, Tata Steel projects in Odisha, Jamshedpur

L&T bags major aluminium and steel sector orders

Published

6 days ago

October 28, 2025

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Infrastructure major Larsen & Toubro (L&T) announced on Friday that it has secured significant orders from Hindalco Industries and Tata Steel, strengthening its presence in the metals and minerals sector.

The company’s minerals and metals business vertical won an order from Hindalco to set up a 180 KTPA aluminium smelter and gas treatment centre for a greenfield project in Odisha, as well as a separate order from Tata Steel to construct a coke oven battery at Jamshedpur.

These are among several recent orders bagged by the vertical in India, L&T said in a filing to the Bombay Stock Exchange (BSE).

The scope of the projects includes engineering, manufacturing, supply, construction, and plant installation.

T Kumaresan, Senior Vice President and Head of Minerals & Metals at L&T, said,

“These order wins across the aluminium and steel sectors are a testament to L&T’s engineering excellence, execution capability, and long-standing customer relationships. They further strengthen our role in shaping the nation’s industrial infrastructure, while deepening our engagement with the steel sector through world-class execution and technological excellence.”

The contracts underscore L&T’s strategic focus on expanding its footprint in India’s metals and industrial infrastructure segment, which continues to see strong growth driven by rising domestic demand and capacity expansion across core sectors.

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Shyam Metalics Unveils Rs 100 billion Capex Plan Under Vision 2031

Company targets Rs 400 billion topline by 2031 with 2.5x revenue growth

Published

2 weeks ago

October 23, 2025

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Shyam Metalics and Energy Limited (SMEL) has announced its Vision 2031, outlining a Rs 100 billion capital expenditure plan to expand capacity and achieve a topline of Rs 400 billion by 2031—a 2.5x revenue growth from current levels.

The company plans to enhance its integrated operations by focusing on high value-added and downstream products, including specialty steel, stainless steel, flat products, and aluminium. It also aims to strengthen its presence across key sectors such as defence, railways, engineering, and infrastructure.

SMEL will leverage brownfield expansions in West Bengal, Odisha, and Madhya Pradesh to optimise capital efficiency and minimise execution risk. The Vision 2031 roadmap underscores the company’s commitment to sustainable, value-driven, and capital-efficient growth across the metals sector.

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Tata Steel, Air Water India Ink 20-Year Deal for Jamshedpur ASU

Partnership to operate 1,800-tonne daily oxygen unit enhances steel efficiency

Published

2 weeks ago

October 23, 2025

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Tata Steel has signed a 20-year agreement with Air Water India Private Limited (AWIPL) to operate and maintain its advanced Air Separation Unit (ASU) in Jamshedpur. The partnership aims to boost Tata Steel’s industrial gas infrastructure and improve efficiency through the use of cutting-edge cryogenic technologies.

The agreement was signed between Peeyush Gupta, Vice President (TQM, GSP & SC), Tata Steel, and Kausik Mukhopadhyay, Managing Director, AWIPL. Under the contract, AWIPL will manage operations of the ASU, which can produce 1,800 tonnes of oxygen per day, along with nitrogen, argon, and dry compressed air. These gases are critical to Tata Steel’s blast furnaces and steel melting operations.

The ASU is currently in the stabilisation phase and will be officially handed over to AWIPL next month. The collaboration leverages AWIPL’s global expertise in cryogenic operations, particularly from its facilities in Japan, ensuring world-class maintenance and reliability.

The initiative underscores Tata Steel’s focus on integrating sustainable and efficient technologies across its facilities, aligning with its long-term commitment to responsible steelmaking and operational excellence.