Safeguard duty boost ArcelorMittal JV profits in India
📌 India key focus market
📌2.8% rise in sales to $1.5 bln in Apr-June
📌EBITDA up 100% to $200 million in Q2CY25
📌Increase in average steel prices, supported by safeguard
@businessline
https://t.co/XnfyBbhN1R
Shri @ranjandhar, Co-Chair, FICCI Steel Committee & Director & VP – Sales & Marketing, @AMNSIndia, shared how they are leveraging global steelmaking expertise to drive green steel & decarbonization during the panel on “International Cooperation in Steel Sector” at #IndiaSteel2025
I welcome the 12% safeguard duty on imported steel flat products. This will protect Indian manufacturers, ensure fair competition, and boost our domestic industry.
Grateful to Hon’ble PM Shri @narendramodi avaru for his continued support towards building a self-reliant India.
#AtmanirbharBharat #ViksitBharat2047
#SteelIndustry
Indian steel majors are investing towards green steel making. AMNS India, is targeting 70% ‘green steel’ output beginning FY27, while scaling capacity by over 50% to 15.6 mtpa from the existing 10 mtpa, with a ₹ 60k cr investment in Hazira.
https://t.co/YTAv6D1yOD
India to counter steel dumping amid US-China trade tensions: HD Kumaraswamy, Union Steel Minister tells yours truly in an exclusive interview with @businessline https://t.co/QKmzqjcF2c
@AMNSIndia is set to contribute more to the construction equipment industry with its world-class products and services. Supporting #AtmanirbharBharat.... Read the exclusive interview of @ranjandhar by journalist @abee_law
https://t.co/c0Z2WDacPZ
@vijaymalepu Dear Customer, We are extremely sorry for the inconvenience. We request you kindly share the order details with us so that we can check them and assist you better.
@AMNSIndia's commitment to supporting the evolving auto industry was highlighted in an article featuring @ranjandhar, Director and Vice President, Sales & Marketing. Click on the link to read more : https://t.co/GZ3ozjGxWx
ArcelorMittal Nippon Steel India speaks on
👉Demand & pricing
👉Raw materials like iron ore & coal
👉Doubling capacity to 15 mt
👉On inorganic growth, could look at Vedanta & NMDC steel assets
#StockMarket #nifty50
https://t.co/6AUqUwFeKx
Witness the breathtaking harmony between man-made steel structures and the enchanting beauty of nature. Behold the majestic steel foot bridge at Pahalgam, a testament to their perfect union. 🌿✨ #SteelWonders#KashmirParadise
Feeling incredibly inspired by the impactful words! The unwavering dedication of the Indian steel industry throughout the years has led us to this remarkable achievement. Now, our mission is to narrow the gap between the No. 1 and No. 2 positions, pushing ourselves even further! Let's keep forging ahead! 💪🇮🇳 #SteelIndustry #Progress
#CCUS is key to achieve carbon neutrality and by 2050 it will reduce our CO2 emissions by 4️⃣2️⃣%. During these 2 days "CO2 Capture, Storage & Reuse 2023" will discuss scaling up CCU tech & accelerate industrial decarbonisation. @CO2_captureconf@EUREC_Info
https://t.co/o3HQM5Qd1c
Had a fantastic meeting with a senior delegation of ArcelorMittal Nippon Steel India, this morning at Sahyadri, Mumbai.
Senior officials of Government of Maharashtra too were present.
AM/NS India desires to a make a huge investment in Maharashtra and we are more than eager to welcome them here.
We had a detailed discussion for their requirements. Directed our officials to come up with solutions at the earliest.
I assured AM/NS all support from Maharashtra and looking forward to meeting again with positive developments!
@AMNSIndia #ArcelorMittal #Maharashtra #InvestInMaharashtra