# ArcelorMittal acquires Companhia Siderurgica do Pecem for $2.2B

ArcelorMittal has acquired Brazilian steelmaker Companhia Siderurgica do Pecem (CSP) for approximately $2.2 billion, gaining slab supply and expanding in the Americas.

- Type: Acquisition
- Announced: 2023-03-14
- Where: Pecem, Brazil
- Value: $2.20B
- Status: completed
- Products: high-quality steel sheets
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [ArcelorMittal](https://endata.com/companies/292.md) (acquirer)
- [Companhia Siderúrgica do Pecém](https://endata.com/companies/64412.md) (target)

## Sources

- [steelradar.com](https://www.steelradar.com/en/arcelormittal-took-over-the-entire-brazilian-csp/), 2023-03-14: "ArcelorMittal has taken over Brazil's Companhia Siderurgica do Pecem."

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