Materials/Manufacturing

AM/NS, the New Face for Electrical Steel Production in India, Books $1B in Earnings

Eighteen months into existence, ArcelorMittal Nippon Steel India (AM/NS India) reports a strong resurgence in its fortunes, booking more than $1 billion in profits amidst rising demand in the first six months of 2021. Backed by the deep pockets and persistence of ArcelorMittal […]

Materials/Manufacturing

Nippon Steel Raises Investment to Nearly $1 Billion to Boost Production of Electrical Steel Sheets for Transformers and EVs

In actions to raise capacity and improve quality of its electrical steel sheets, Nippon Steel is raising its investment to nearly $1 billion at two of its plants in Japan. The moves will boost its […]

Materials/Manufacturing

Backed by ArcelorMittal and Nippon Steel, AM/NS Is New Face for Electrical Steel Production in India

Backed by the deep pockets and persistence of ArcelorMittal and Nippon Steel, AM/NS is emerging as the new face of Essar Steel in India, a large but insolvent manufacturer of electrical and other steel products that the two partners […]