AM/NS India crude steel output up by 50% in Q3 CY’20

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ArcelorMittal Nippon Steel India reported 1.8 mn t crude steel output in Q3 CY’20, a sharp 50% increase against 1.2 mn t in the previous quarter. Production increased as a result of improved steel demand post-lockdown and higher utilization levels. The company registered EBITDA at $176 million.


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