(IN BRIEF) ArcelorMittal has entered into an agreement to purchase Nippon Steel Corporation’s 50% stake in the AM/NS Calvert Joint Venture, contingent upon NSC’s successful acquisition of US Steel. As part of the deal, NSC will inject approximately $0.9 billion … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News, Technology
Tagged acquisition, AM/NS Calvert, ArcelorMittal, Nippon Steel, partnership, sustainability, US Steel Deal
(IN BRIEF) ArcelorMittal recently hosted an investor day at AM/NS India’s flagship steel plant in Hazira, Gujarat, to showcase its significant progress and future growth plans. AM/NS India, a joint venture between ArcelorMittal and Nippon Steel, aims to expand its … Read the full press release
Posted in Business, Industrial, Investment, Luxembourg, Metals and Minerals
Tagged Aditya Mittal, AM/NS India, ArcelorMittal, carbon intensity reduction, Dilip Oommen, downstream expansion, Gujarat, Hazira, Indian steel market, Investor Day, joint venture, Magnelis®, Nippon Steel, renewable energy, steelmaking
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