ArcelorMittal commissions 6 million tonne pellet plant in India
ArcelorMittal Nippon Steel India has commissioned its second six million tonne pellet plant, taking the total capacity at Paradip complex in Odisha to 12 million tonnes, making it the largest single location palletisation complex in India.
ArcelorMittal Nippon Steel India’s total palletisation capacity now stands at 20 million tonnes with 12 million tonnes at Paradip and eight million tonnes at Vishakhapatnam, Andhra Pradesh. AM/NS India CEO Mr Dilip Oommen said “The commissioning of our second pellet plant at Paradip is an important milestone for ArcelorMittal Nippon Steel India, allowing us to contribute meaningfully to India’s aim of achieving domestic steel production capacity of 300 million tonnes in the coming decade.”
ArcelorMittal Nippon Steel India Chief Operating Officer Mr Wim Van Gerven said “Paradeep’s pellet plant II coming on stream significantly advances our capacity to produce superior quality direct reduced iron grade pellets for domestic steel production. It also supports ArcelorMittal Nippon Steel India’s longer-term plans to grow its national steel production up to 30 MTPA.”
ArcelorMittal Nippon Steel India is looking to take the capacity at Hazira in Gujarat to around 18 million tonnes. At Kendrapara in Odisha, it is looking to set up a 12-million-tonne greenfield steel plant.
ArcelorMittal Nippon Steel India is a 60:40 joint venture company between Luxembourg-headquartered ArcelorMittal and Nippon Steel of Japan.
