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ArcelorMittal To Invest Rs 1K Crore For Vizag Pellet Plant Capacity Expansion

ArcelorMittal Nippon Steel India has confirmed a proposed investment of Rs 1,000 crore towards brownfield expansion of its Vizag pellet plant in Andhra Pradesh," the Gujarat-based company said in a statement on Tuesday. The planned expansion will increase pellet production capacity at Vizag by 35 per cent to 11 MT from 8 MT, it said.

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