ArcelorMittal to buy 80% of Voestalpine HBI plant in Texas

ArcelorMittal SA agreed to acquire 80% of Voestalpine's hot briquetted iron plant in Corpus Christi, Texas, in a deal valuing the operations at $1 billion. The acquisition includes a long-term offtake agreement with Voestalpine.

“This is a compelling strategic acquisition for our company.”news.bloomberglaw.com

• 1 source
• news.bloomberglaw.comArcelorMittal Agrees to Buy 80% of Voestalpine Plant in TexasDylan GriffithsApr 14, 2022

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