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Nippon Steel to set up steel pipe unit in Neemrana Industrial Park

Nippon Steel is planning to invest Rs. 1640 million to set up an auto grade steel pipe unit in Neemrana Industrial Park in Rajasthan. It will produce electric welded pipes for motorcycles and cars, mostly exhaust pipes, impact beams for engines. It plans to sell the produce to Maruti and Honda, which are currently procuring through its Thailand unit.

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