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February 25, 2025 7:28 am
This came a few weeks after the company, in January 2025, received a penalty notice of Rs 18 crore over alleged encroachment on government land.
January 04, 2025 1:16 am
Four workers were killed in a fire at ArcelorMittal Nippon Steel India’s (AM/NS India) plant in Hazira industrial area in Surat on December 31.
October 28, 2023 5:30 pm
The fire is the latest in a string of workplace deaths at sites operated by ArcelorMittal Temirtau.
October 07, 2022 3:57 am
Dilip Oommen, chief executive officer, AM/NS India stated, “This expansion will give a fillip to our next phase of growth, enabling us to meet the growing domestic market demand, while also equipping us to produce high-grade value- added steel.”
September 19, 2022 12:59 am
The objective of the PLI scheme is to promote manufacturing of specialty steel grades within the country and help the Indian steel industry mature in terms of technology as well as move up the value chain. The Union Cabinet approved the scheme on July 22, 2021 and it was notified on July 29.
August 27, 2022 4:04 am
As per the order dated on July 25, the authorisation will be in force for two years and will be required to be renewed thereafter.
August 29, 2022 7:46 am
The Ruias-led firm said the deal also envisages a 50:50 joint venture between Essar and AM/NS for building a 4 million tonne a year LNG import terminal at Hazira.
March 23, 2022 2:24 am
While Congress accused the ruling BJP of favouring the corporate group, the ruling party not only accused Congress of granting more diversion of forest land during its rule, but also said that everything was done as per rules in the case of ArcelorMittal Group.
February 25, 2022 4:25 am
Though the plant at Hazira has a capacity of 10 million tonnes per annum, it is currently functioning at 8.4 million tonnes per annum. This capacity will be increased to 15 million tonnes per annum by 2024.
January 22, 2022 1:35 am
🔴 A Bench set aside the Gujarat High Court’s May 2016 judgment that had upheld the Gujarat Value Added Tax Tribunal’s order that held Essar Steel (ESL) was entitled to the exemption from payment of purchase tax.