Press Releases

ArcelorMittal and Nippon Steel complete acquisition of Essar Steel

Aditya Mittal, President and CFO of ArcelorMittal, has been appointed Chairman of AM/NS India, and Dilip Oommen has been appointed AM/NS India’s CEO.

Indian Supreme Court approves ArcelorMittal’s acquisition of Essar Steel

ArcelorMittal announces that, following receipt and review of the formal written order, ArcelorMittal India Private Limited’s (‘AMIPL’) resolution plan for Essar Steel India Limited (‘ESIL’) has been unconditionally approved by the Indian Supreme Court.

AM/NS India launches new high-grade steels

AM/NS India, a joint venture between ArcelorMittal and Nippon Steel, today launched two new brands named Stallion and Maximus

AM/NS India to expand its Hypermart retail chain to 50 outlets

AM/NS India is relaunching and expanding Hypermart, its national network of retail outlets that serves India‟s vast and vibrant MSME segment. AM/NS India aims to expand the network to 50 outlets by the end of next year

ArcelorMittal Nippon Steel India acquires Bhander Power plant

Follows declaration of ArcelorMittal India as preferred bidder for Thakurani iron ore mine in Odisha

ArcelorMittal Nippon Steel India and National Small Industries Corporation join hands to revive MSMEs

ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel, today announced signing of a Memorandum of Understanding (MoU) with the National Small Industries Corporation (NSIC) to ease buying of steel for Micro, Small & Medium Enterprises (MSME) and accelerate the distribution of steel products to widely scattered MSME hubs.

ArcelorMittal Nippon Steel India commences operations at Ghoraburhani- Sagasahi iron ore mine in Odisha

ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel, today announced the commencement of operations at the Ghoraburhani - Sagasahi iron ore mine in the district of Sundargarh in Odisha. Spread across 139.165 hectares, the iron ore block has estimated resources of around 98.61 million tonnes and is the first to be auctioned in India under the Mineral Auction Rule, 2015.

ArcelorMittal Nippon Steel India commissions second 6 million tonne pellet plant in Odisha

ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel, today announced the commissioning of a second 6 million tonne per annum (MTPA) pellet plant at the port city of Paradeep in Odisha. The plant doubles production capacity at AM/NS India’s Paradeep complex to 12 million tonnes, making it the largest single-location pelletization complex in India and taking AM/NS India’s national pelletization capacity to 20 MTPA.

AM/NS India partners with National Skill Development Corporation to offer digital training

ArcelorMittal Nippon Steel India (AM/NS India) – a joint venture between ArcelorMittal and Nippon Steel – today signed a Memorandum of Understanding (MoU) with the National Skill Development Corporation (NSDC) to provide digital skill training to more than 800 young people across the country.

Resilient performance in challenging conditions; quarterly EBITDA of $607m in 2Q’21

ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel, reports strong performance for the three months ended 30 June 2021, with EBITDA of $607m (vs. $107m in 2Q’20), a year on year increase of more than 450%. The company’s crude steel production increased to 1.8Mt in 2Q’21 (vs. 1.2Mt in Q2’20), with annualized production unchanged from 1Q’21, at 7.3 Mt.

AM/NS India to support Odisha with supply of 5150 medical grade oxygen cylinders; 1350 land at Bhubaneshwar today

At ArcelorMittal Nippon Steel India, we are determined to support #COVID19 relief efforts across the country. As part of our ongoing national pandemic relief programme, we are working to supply the Odisha government with 5,150 medical grade oxygen cylinders to aid medical centres across the state. Leveraging our global production as well as sales network and working alongside UN agencies, the first consignment of 1,350 units was airlifted yesterday - and arrived this morning at the Biju Patnaik International Airport, Bhubaneswar. The second consignment of 3,800 cylinders is on its way and will help bring critical medical supplies to communities in districts across the region.

AM/NS India delivers strong performance, reports EBITDA of $403m in 1Q’21

ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel, reported strong business performance with EBITDA of $403m in 1Q’21 (vs. $140m in Q1’20), a growth of 188%. The company’s crude steel production stood at 1.8Mt in 1Q’21 (vs. 1.7Mt in Q1’20); annualized production of 7.3Mt.

AM/NS India sets up a 1000-bed COVID hospital with uninterrupted oxygen supply in Hazira

Surat, 27 April 2021: As the second wave of the Covid-19 virus swells; to supplement the government`s efforts, ArcelorMittal Nippon Steel India (AM/NS India) – a joint venture between ArcelorMittal and Nippon Steel – in alliance with the Government of Gujarat and District Administration, Surat, has set up a 250-bed COVID care hospital at Hazira.

AM/NS India launches Premium Colour Coated Steel ‘KALASH’ and ‘KALASH GOLD'

Hallmark Colour Coated Steel product range from ArcelorMittal Nippon Steel India Mumbai, 08 March 2021: ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel, today launched ‘KALASH’ and ‘KALASH GOLD’, its premium colour coated steel range.

AM/NS India inks ₹ 5000 cr MoU with POSCO Maharashtra Steel to supply Hot Rolled Coils

AM/NS India has signed a Memorandum of Understanding (MoU) with POSCO Maharashtra Steel to supply Hot Rolled Coils (HRC) in 2021

AM/NS India outlines expansion plans in Odisha to achieve the goal of Mission Purvodaya

Hon’ble Minister of Steel Shri Dharmendra Pradhan apprised over AM/NS India’s expansion plans during his visit to Hazira facility.

Newsletter

Statutory Documentation

Description Date Read More
Result of the NCLT Convened Meeting of Unsecured Creditors of ArcelorMittal Nippon Steel India Limited 25 June 2021
Result of the NCLT Convened Meeting of Equity Shareholders of ArcelorMittal Nippon Steel India Limited 24 June 2021
Result of the NCLT Convened Meeting of Secured Creditors of ArcelorMittal Nippon Steel India Limited 24 June 2021
Transcript of the NCLT Convened Meeting of Unsecured Creditors of ArcelorMittal Nippon Steel India Limited 22 June 2021
Transcript of the NCLT Convened Meeting of Equity Shareholders of ArcelorMittal Nippon Steel India Limited 21 June 2021
Transcript of the NCLT Convened Meeting of Secured Creditors of ArcelorMittal Nippon Steel India Limited 21 June 2021
Newspaper Advertisement (Form CAA.2) in relation to meetings of Equity Shareholders, Secured Creditors and Unsecured Creditors of ArcelorMittal Nippon Steel India Limited (English & Gujarati) 20 May 2021
Notice of NCLT convened Meeting of Unsecured Creditor of ArcelorMittal Nippon Steel India Limited along with explanatory statement and annexures 19 May 2021
Notice of NCLT convened Meeting of Equity Shareholders of ArcelorMittal Nippon Steel India Limited along with explanatory statement and annexures 19 May 2021
Notice of NCLT convened Meeting of Secured Creditor of ArcelorMittal Nippon Steel India Limited along with explanatory statement and annexures 19 May 2021
Composite Scheme of Arrangement amongst ArcelorMittal India Private Limited, AM Associates India Private Limited and ArcelorMittal Nippon Steel India Limited 19 May 2021
Advertisement for registration of email IDs for the Unsecured Creditor for AMNSIL 15 May 2021
Order of The Hon’ble National Company Law Tribunal, Ahmedabad Bench dated April 28, 2021 (uploaded on NCLT portal on May 11, 2021) 11 May 2021
Statutory notice of MoEF pertaining to non-forestry use of 120.838ha of forest land granted under section 2 (ii) and 126.401 ha of forest land granted under section 2 (iii) of the FC Act , 1980 for iron ore mining in Ghoraburhani-Sagasahi Iron Ore Block in Sundergarh District, Odisha 20 April 2021