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04 Oct
11:33

ArcelorMittal Mexico expands tube production capacity

ArcelorMittal says it has given the green light for the expansion of its tube production capacity in Mexico. The investment is worth $15 million and follows increasing demand from the automotive sector. The project involves the building of a fifth mill at the Monterrey plant, located in Escobedo, Kallanish notes. “The investment is focused on Tier1 and Tier2 level clients, which in turn supply companies such as Volkswagen, General Motors (GM) and Ford,&rdquo…
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