ArcelorMittal expands drawn steel products capacity in Minas Gerais

ArcelorMittal is investing BRL 144 million ($28.07 million) to increase drawn steel products capacity by 35% in Minas Gerais, targeting high-value products for the auto industry.

“Also in the state of Minas Gerais, the company is investing BRL 144 million ($28.07 million) to increase the production of drawn steel products by 35 percent, that will enable the production of high value added products destined for the auto industry.”steelorbis.com

• 1 source
• steelorbis.comArcelorMittal maintains expansion plans in BrazilLuiz CompagnoniMay 3, 2024

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