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Nippon Steel and ArcelorMittal plot Indian expansion blitz

Former Essar to double capacity by 2030s as demand swells nationally

Nippon Steel and ArcelorMittal are expected to invest in a major expansion of AM/NS India's main Hazira steelworks in the state of Gujarat.

TOKYO -- Nippon Steel and ArcelorMittal will more than double the steel production capacity of their Indian subsidiary to 23 million tons a year by the 2030s, looking to expand their foothold in a promising market.

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