Tag: AM/NS iron ore sourcing
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Iron ore sourcing of AM/NS India recovers as steel capacity utilization improves
ArcelorMittal Nippon Steel ( AM/NS)- an integrated steelmaker with steel making capacity of 10 MnT p.a. recorded rise in iron ore sourcing for the month of May’20 at 1.09 MnT, up 39% as against 0.78 MnT in Apr’20. As per sources, the company ramped up utilization to 60-65% capacity in mid May’20 from 30-35% in…