Business Notes
ArcelorMittal Announces Billion-Dollar Investment Program in Mexico
ArcelorMittal, a Luxembourg, Belgium-based steel producer, announced a $1 billion, 3-yr. investment program at its Mexican operations. The main investment will be construction of a hot-strip mill, expected to take approximately three years. Upon completion it will enable ArcelorMittal Mexico to produce 2.5 million tons of flat-rolled steel.
See also: ArcelorMittal Steel USA, Inc.
Related Enterprise Zones: Materials/Coatings
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