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12 Nov
16:16

ArcelorMittal North American capex focuses on auto

Various ongoing capital expenditure projects to modernise its steelmaking capabilities across North America will allow ArcelorMittal to capitalise on increasing demand for auto aluminised press-hardenable steels. The company provided updates on the projects in its third quarter earnings report reviewed by Kallanish. In Mexico, the installation of a new hot strip mill — a $1 billion investment originally announced in 2017 — will be competed by the end o…
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