ArcelorMittal, Nippon Steel India JV Gets $5 Bln Loan to Expand Capacity

ArcelorMittal said Friday that AMNS Luxembourg Holding SA, the parent company of its steelmaking joint venture with Nippon Steel Corp. in India, has entered into a $5 billion loan with a consortium of Japanese banks to expand production capacity. ArcelorMittal said proceeds will be used to fund…

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