Report
ArcelorMittal reportedly aims to decide on $961 million Brazil steel mill expansion by end of 2026
Bloomberg reports that the head of ArcelorMittal’s Brazil operations said the company aims to make a final investment decision on expanding its Pecém steel mill by the end of 2026.
TLDR
ArcelorMittal is considering a 5 billion-real ($961 million) expansion of its Pecém steel mill in Brazil. The company aims to make a final investment decision by the end of 2026, Bloomberg reports, citing the head of its Brazil operations.
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