Indian Railways awarded steel supply contracts worth Rs 1,586.39 crore to SAIL, Tata Steel, Jindal Stainless, ArcelorMittal Nippon Steel, and Jindal Steel and Power for Mild/Corten Steel and stainless steel sheets/plates/coils.
Outokumpu has extended its existing tolling agreement with ArcelorMittal Nippon Steel (AM/NS) for hot rolling services in Calvert, Alabama, until October 1, 2051. The contract is subject to four years prior written notice with the earliest effective termination date being October 1, 2042.
ArcelorMittal Nippon Steel has signed a contract with Danieli Automation to upgrade three conventional slab casters at its Hazira, India facility with Level 2 process control systems. Commissioning of the first machine is scheduled for July 2024.
Essar group signed a $2.4 billion pact to sell port and power infrastructure assets to ArcelorMittal Nippon Steel (AM/NS), including port assets in Gujarat, Andhra Pradesh and Odisha, and two power plants at Hazira. The deal also includes a 50:50 joint venture for a 4 million tonne per year LNG import terminal at Hazira.