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ArcelorMittal Weighs $960 Million Expansion of Brazil Steel Mill
Source: Bloomberg
Commodities & Raw MaterialsCompany FundamentalsCapital Returns (Dividends / Buybacks)
ArcelorMittal aims to reach a final investment decision by year-end on a 5 billion-real ($961 million) expansion of its Pecém steel mill in Brazil. The potential investment would expand the company’s South American steelmaking capacity, though approval and project execution remain pending.
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