10,871.08 TRY BIST 100 BIST 100
48.55 EUR EUR EUR
41.97 USD USD USD
5.93 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
40.01 TRY Interest Interest
64.98 USD Fossil Oil Fossil Oil
64.46 USD Silver Silver
5.17 USD Copper Copper
107.59 USD Iron Ore Iron Ore
344.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,334.68 TRY Gold (gr) Gold (gr)

AM/NS India's Hazira plant will be the world's largest single-location integrated steel plant

ArcelorMittal Chairman Lakshmi Mittal announced that AM/NS India's Hazira plant will be one of the largest single-location integrated steel plants in the world with a total capacity of 24 MTPA.

AM/NS India's Hazira plant will be the world's largest single-location integrated steel plant

"We are confident that with the support of the Gujarat government, we will be able to commission this entire plant in the next five years. We continue to invest not only in steel but also in emerging sectors such as renewable energy and green hydrogen," Mittal said in his speech at the Gujarat Summit 2024 in Ahmedabad.

"Steel is one of the most important contributors to any nation's journey towards self-reliance. At the heart of Atmanirbharta is steel, which supports diverse applications in sectors such as infrastructure, urbanisation, renewable energy, automotive including electric vehicles, defense and railways."

"We have signed MoU for phase 2 of the project at this Gujarat Global Summit 2024. I am proud to say that this expansion project is progressing rapidly and Phase 1 will be completed by 2026 as per the target," he said.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

The Customs Authority and Qatar Steel signed a Memorandum of Understanding to regulate the export of scrap iron

Friday, October 31, 2025

EURANIMI: The European Commission’s new steel plan will wipe out tens of thousands of manufacturing companies

Monday, October 27, 2025

Group Five Pipe Saudi announced plans to increase spiral pipe production capacity by 350,000 tons per year

Monday, October 27, 2025

Morocco and the Netherlands cooperate to supply green hydrogen to Europe

Monday, October 27, 2025

Japan steel sector continues weak trend

Monday, October 27, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now