ArcelorMittal appears quite bullish on India. In fact, the company recently announced its intention to double steel manufacturing at one of its primary plants. ArcelorMittal-Nippon Steel India Ltd. (AM/NS India) plans to spend US $5.1 billion at its Gujarat plant in western India. Betting on strong growth in domestic consumption, the company hopes to boost its crude steel capacity to 15 million tons by 2026.
The plant, a deal between ArcelorMittal SA & Nippon Steel Corporation, currently has a capacity of 7.6 million tons. During a recent presentation…Russia Officially Claims Ownership Of Ukraine Nuclear Plant
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