Posted on 21 Jan 2025
ArcelorMittal Nippon Steel (AMNS) India plans to commission two production lines at its Hazira plant in Gujarat to manufacture advanced automotive steel products, Kallanish notes.
The two production lines will constitute a continuous galvanizing line (CGL) and a continuous galvanizing and annealing line (CGAL). The two facilities will be part of the upcoming Cold Rolling Mill 2 (CRM2) complex at the Hazira plant and are expected to go online in 2025.
The expansion aims to meet the growing demand for “high-quality, value-added automotive steel in India” which currently stands at 7.8 million tonnes/year for flat steel . This is forecast to increase by 6-7% annually, the company says. In addition, all the products will match the quality standards of parent companies – ArcelorMittal and Nippon Steel. Some of the offerings currently available globally will also be manufactured for the first time in India, the company notes.
The two production lines will help substitute imports of high-end steel, utilised by the automotive sector, once they are operational. This move will help promote the government’s 'Atmanirbhar Bharat' [self-reliant India] initiative.
AMNS India’s ceo, Dilip Oommen says: “The dedicated two units mark a significant step toward our goal of providing high-quality, premium steel solutions tailored to the evolving needs of the automotive sector. With our wide range of products and services, we are well-positioned and preferred choice among automotive manufacturers.”
“Once operational, these additions will not only enable us to indigenously produce new offerings that are widely recognised globally but also help grow our portfolio as well as our market share. This expansion plays a key role in our strategy to strengthen the country’s steel ecosystem and boost global competitiveness, thereby reinforcing ‘Atmanirbhar Bharat’ [self-reliant India] initiative,” Oommen adds.
Source:Kallanish
