Nippon Steel Corp. TSE:5401
Nippon Steel : AM/NS India Holds Groundbreaking Ceremony for Integrated Steel Plant in Andhra Pradesh, Southern India
Source: MarketScreener
March 24, 2026 Nippon Steel Corporation
AM/NS India Holds Groundbreaking Ceremony for Integrated Steel Plant in Andhra Pradesh, Southern India
ArcelorMittal Nippon Steel India Private Limited (AM/NS India), an important base of Nippon Steel Corporation (Nippon Steel), held the groundbreaking ceremony for its integrated steel plant project on March 23, 2026, in Rajayapeta, Anakapalli District, Andhra Pradesh, southern India.
The ceremony was attended by the Hon'ble Shri N. Chandrababu Naidu, Chief Minister of Andhra Pradesh; Shri H. D. Kumaraswamy, Union Minister of Steel and Heavy Industries; as well as other distinguished officials from the central and state governments.
This project represents AM/NS India's capacity expansion investment through the construction of a greenfield integrated steel plant in Andhra Pradesh. By introducing advanced steelmaking technologies, the project will contribute significantly to the sustainable growth of India's steel industry and the enhancement of its global competitiveness. Furthermore, the project will make a significant contribution to key initiatives of the Government of India, including the "Make in India" program and the vision of "Atmanirbhar Bharat" (a self-reliant India).
In addition to the ongoing capacity expansion at the Hazira Steel Plant in Gujarat, western India, AM/NS India will capture future growth in steel demand in the Indian market through this project and further strengthen its market presence.
Front row: Fifth from the right, Mr. N. Chandrababu Naidu, Chief Minister of Andhra Pradesh; fourth from the right, Mr. H.
D. Kumaraswamy, Union Minister of Heavy Industries and Steel; third from the right, Mr. Aditya Mittal, Chairman,
AM/NS India, and CEO, ArcelorMittal; sixth from the right, Mr. Lakshmi Mittal, Executive Chairman, ArcelorMittal.
Second row: Fifth from the right, Mr. Nobuo Okochi, Managing Executive Officer, Nippon Steel Corporation.
[Outline of construction site of integrated steel mill]
・Location:Rajayyapeta, Anakapalli district, Andhra Pradesh, southern India
・Size:890 ha (2,200 Acre)
(Integrated steel mill capacity:7 million tons/year scale in crude steel production considered)
[Overview of AM/NS India]
Business :Manufacturing and sales of steel products and pellets through the integrated upstream process
Head office location:Hazira, Gujarat, India Capital :INR 250.4 billion
Governance:Both parent companies nominate the same number of directors, and important matters are decided unanimously by the directors.
Investment structure:Nippon Steel 40.0%、ArcelorMittal 60.0%(consolidated as equity-method affiliate by both Nippon Steel and AM)
CEO :Dilip Oommen
Employees :10,360 (January 2026)
Production and sales: Crude steel production 7.22 million tons/year; steel product sales of 7.86 million tons/year in 2025
Integrated steel mills :Hazira integrated steel mill(Hazira, Gujarat, western India) Downstream:Gandhidham downstream process manufacturing base
(Gandhidham, Gujarat, western India)
Pune downstream process manufacturing base
(Pune, Maharashtra, western India)
Khopoli downstream process manufacturing base
(Khopoli, Maharashtra, western India)
Raw Material: Paradeep pellet plant(Paradeep, Odisha, eastern India)
Vizag pellet plant(Visakhapatnam, Andhra Pradesh, southern India)
For inquiries, https://www.nipponsteel.com/en/contact/
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