# ArcelorMittal completes acquisition of majority stake in voestalpine's HBI facility in Texas

ArcelorMittal completed the acquisition of a majority stake in voestalpine's state-of-the-art HBI (hot briquetted iron) facility in Texas.

- Type: Acquisition
- Announced: 2022-07-01
- Where: Texas, United States
- Status: completed
- Products: hot briquetted iron (HBI)
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [ArcelorMittal](https://endata.com/companies/292.md) (acquirer)
- [voestalpine](https://endata.com/companies/19723.md) (target)

## Sources

- [pt.cision.com](http://pt.cision.com/cp2013/clippingdetails.aspx?id=D988D0D7-27F9-49C6-BD02-B8E7E61D4112), 2022-07-01: "ArcelorMittal completes acquisition of majority stake in voestalpine’s state-of-the-art HBI facility in Texas."

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