# ArcelorMittal resumes $330M expansion of Vega steel facility in Brazil

ArcelorMittal Brasil announced on August 3, 2018 it will invest about $330 million to expand its Vega galvanized steel facility in Santa Catarina, Brazil, increasing capacity by 700,000 t/y. The new production line is scheduled to be fully operational by the first half of 2021.

- Type: Expansion
- Announced: 2018-08-03
- Where: Santa Catarina, Brazil, Brazil
- Value: $330.0M
- Starts operating: Q3 2021
- Status: announced
- Capacity: 700,000 t/y additional capacity
- Products: galvanized steel, cold-rolled steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [ArcelorMittal Brasil S.A.](https://endata.com/companies/22418.md)

## Sources

- [bnamericas.com](https://www.bnamericas.com/en/news/arcelormittal-to-resume-us320mn-expansion-of-vega-steel-facility), 2018-08-06: "We observed a reversal of the business environment in 2017, with slight GDP growth, and then we redefined the project, adapting it to the technological standards required by the automakers."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.