ArcelorMittal Weighs $960 Million Expansion of Brazil Steel Mill

ArcelorMittal SA is aiming to make a final investment decision on a 5 billion-real ($961 million) expansion of its Pecém steel mill in Brazil by the end of the year,...

By Mariana Durao · Bloomberg

ArcelorMittal SA is aiming to make a final investment decision on a 5 billion-real ($961 million) expansion of its Pecém steel mill in Brazil by the end of the year, according to the head of the company’s operations in the South American country.