India JV with Arcelor Mittal to spend $5 billion to boost capacity: Nippon Steel

Nippon Steel, a Japanese company, announced that an Indian joint venture between Arcelor Mittal and Nippon Steel will invest 410 billion rupees ($5 billion) to increase the capacity of its Hazira plant’s production…

Nippon Steel aims to almost double Indian unit’s output capacity

To capture more of the expanding market, Nippon Steel Corp, the largest steel producer in Japan, aims to roughly increase the capacity of its Hazira facility in India’s crude steel output. Despite mounting…