ArcelorMittal to invest $250M in Barra Mansa steel plant expansion

ArcelorMittal will invest 1.3 billion reais ($250.51 million) to expand output at its Barra Mansa plant in Rio de Janeiro state, Brazil, adding a new steel rolling machine with 500,000 tonnes per year capacity over the next three years.

“Steelmaker ArcelorMittal will invest some 1.3 billion reais ($250.51 million) to expand output at a plant located in the Brazilian state of Rio de Janeiro.”reuters.com

• 2 sources
• reuters.comArcelorMittal to invest $250 mln in Brazil plant | ReutersFeb 10, 2022
• barramansa.rj.gov.brPrefeito comemora investimento bilionário com geração de 1,2 mil empregos na cidade – Barra MansanoticiasFeb 10, 2022

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