India, Feb. 14 -- ArcelorMittal Nippon Steel India (AM/NS India) - a joint venture between ArcelorMittal and Nippon Steel, two of the world's leading steelmakers - in its first Climate Action Report published today has outlined immediate actions to accelerate and decarbonize India's development.
The report underscores a pivotal moment for the Indian steel sector as the country targets a $5 trillion economy and the third-largest global economy by 2026-27.
Targeting 20% emissions intensity reduction this decade
The strategy charts AM/NS India's immediate decarbonisation plan while fostering company growth by:
Enhancing operational efficiency by increasing capacity utilisation, deploying energy recuperation wherever possible, scaling succe...