ArcelorMittal to invest 5 billion dollars in new steel mill in Brazil
ArcelorMittal will replace China's BaoSteel as Vale's joint-venture partner after the Chinese firm pulled out of the project. Mittal said that although there is currently a global surplus of steel-making capacity, his company is confident about the sector's future growth prospects and has therefore...
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- News Source: NewKerala | 18 days agoArcelorMittal will replace China's BaoSteel as Vale's joint-venture partner after the Chinese firm pulled out of the project. Mittal said that although there is currently a global surplus of steel-making capacity, his company is confident about the...
- News Source: China Peoples Daily | 18 days agoGremio opened scoring in the 23rd minute through Rafael Marques who found some free space to head the ball past Rogerio Ceni and into the Sao Paulo net...In the 31st minute, Hernanes crossed at ball to Dagoberto who bounced the ball off his chest and...
- News Source: Daily News & Analysis | 18 days agoArcelorMittal's Brazil plans come as Vale, its potential partner, endures heavy pressure by Lula to ramp up investments in steel and logistics in the country. Mittal played down the risk of overcapacity in the steel industry, saying Brazil's future...
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