# 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.

- Type: Expansion
- Announced: 2022-02-10
- Where: Barra Mansa, Rio de Janeiro, Brazil
- Value: $250.5M
- Jobs: 1,200
- Starts operating: Q1 2024
- Status: announced
- Capacity: 500,000 tonnes per year
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [ArcelorMittal](https://endata.com/companies/292.md)

## Sources

- [reuters.com](https://www.reuters.com/business/arcelormittal-invest-250-mln-brazil-plant-2022-02-10/), 2022-02-10: "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."
- [barramansa.rj.gov.br](https://barramansa.rj.gov.br/prefeito-comemora-investimento-bilionario-com-geracao-de-12-mil-empregos-na-cidade/), 2022-02-10: "Barra Mansa está entrando no maior ciclo virtuoso da sua história."

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