ArcelorMittal to invest $1B in Mexican mill expansion

ArcelorMittal announced a $1 billion, three-year investment program at its Lázaro Cárdenas steelmaking complex in Mexico. The main investment is a new hot strip mill with capacity of 2.5 million metric tons per year of flat-rolled steel, plus upgrades to mining operations.

“In order to make investment decisions of the scale we have announced today, we need both a favorable investment environment and confidence in long-term domestic growth prospects.”recyclingtoday.com

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• recyclingtoday.comArcelorMittal to expand Mexican mill complex - Recycling TodayRecycling Today StaffSep 29, 2017

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