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AMNS and JSW Steel plan major investments to boost green steel production in India, targeting significant emission cuts.
ArcelorMittal Nippon Steel (AMNS) India plans to increase its green steel output to 70% by FY27, with a capacity expansion to 15.6 million tonnes per year, through a ₹60,000 crore investment.
JSW Steel will invest over ₹50,000 crore to create a 10 million tonne per year green steel plant near Mumbai, aiming to meet European green steel mandates.
Both companies aim to reduce emissions significantly by using renewable energy, hydrogen, and scrap in their processes.
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AMNS y JSW Steel planean grandes inversiones para impulsar la producción de acero verde en India, con el objetivo de reducir significativamente las emisiones.