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ArcelorMittal India FY20 steel output at record level of 7.23 mn tonnes

Business-Standard - ArcelorMittal Nippon Steel India (AM/NS India) clocked record crude steel production of 7.23 million tonne in FY20, up 5 per cent from last year despite challenging economic conditions, including the fallout of COVID-19 in the fourth quarter of the fiscal year.

"During the year, the company’s blast furnace set a new benchmark in productivity through our in-house innovation, which enabled it to operate consistently over its rated capacity," said AM/NS in a release today.

Pellet production reached 11.63 million tonne during the period, up 9.4 per cent from 10.63 million tonne the previous fiscal year.

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