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13 Oct
13:32

ArcelorMittal acquires UAE pipemaker, plans expansion

ArcelorMittal Projects has signed an agreement to lease land from Hamriyah Free Zone (HFZA), United Arab Emirates, following its acquisition of the assets of a pipe and coating mill in the industrial zone, an ArcelorMittal Projects business division official confirms to Kallanish. The company plans to expand the unit’s production capacity. ArcelorMittal Projects acquired the assets from Pipeline Systems Limited (PSL), a producer of large-diameter pipe from c…
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