# ArcelorMittal expands Monlevade steel plant capacity to 2.2M mt/year

ArcelorMittal is investing $2.5 billion to increase crude steel capacity at its Monlevade plant in Minas Gerais from 1.2 million to 2.2 million mt per year.

- Type: Expansion
- Announced: 2024-05-03
- Where: Monlevade, Minas Gerais, Brazil
- Value: $2.50B
- Status: announced
- Capacity: 2.2 million mt per year crude steel
- Products: crude steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

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

## Sources

- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/arcelormittal-maintains-expansion-plans-in-brazil-1338520.htm), 2024-05-03: "The Monlevade plant, in the southeastern state of Minas Gerais, is having its crude steel production capacity increased from 1.2 million mt to 2.2 million mt per year, at a cost of $2.5 billion."

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