Arcelor Mittal Nippon Steel India (AM/NS India) has posted marginal rise of 1% in crude steel production to 1.964 mnt in Q4CY23 against 1.942 mnt in Q3. On an annual basis, production was 12% higher compared with 1.624 mnt in Q4CY22. The company’s steel shipments remained largely stable q-o-q at 1.868 mnt in Q4CY23, while the same rose by 17% y-o-y from 1.593 mnt in CPLY.
