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ArcelorMittal: a meeting to highlight Indian ambition


(CercleFinance.com) – ArcelorMittal hosted an investor and analyst event today at AM/NS India’s flagship plant in Hazira, Gujarat, the first such meeting since ArcelorMittal and Nippon Steel jointly acquired the Indian asset in December 2019.

The event focused on the progress made by AM/NS India since the completion of the acquisition and the strategic initiatives undertaken to transform AM/NS India into a premier integrated steel producer.

Aditya Mittal, CEO of ArcelorMittal and President of AM/NS India pointed to the significant market growth opportunity India presents and AM/NS India’s strategy to increase capacity at its Hazira plant , initially at around 15 million tonnes in early 2026.

Aditya Mittal cited scale, strategic location and secure supply chain as strengths that make AM/NS India well positioned to seize growth opportunities in a steel market that has the potential to reach 300 million tonnes per year by 2030.

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