The company said that the new line will produce high-quality cold-rolled base steel, which will be used to produce the parent companies' patented steel solutions. ArcelorMittal and Nippon Steel.
The improved etching line and the 2 million ton cold rolling tandem mill were created as part of AMNS' ongoing $6.31 billion expansion project at the Khazir plant, the company said.
The company said that the line will support domestic production of high-quality automotive steel and reduce dependence on imports. The company is designed to produce steel with a strength of up to 1,180 MPa, which meets safety and lightness standards.
