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Montevideo, May 22nd 2018 - 01:56 UTC

Long steel industry concentration in Brazil: ArcelorMittal taking over Votorantim

Thursday, February 8th 2018 - 11:19 UTC

The Brazilian unit of ArcelorMittal expects to conclude in the second quarter the takeover of rival Votorantim Siderurgia SA to become the country’s largest long steel producer, a senior company executive said. Jefferson de Paula, ArcelorMittal executive vice president, said that ArcelorMittal’s long steel capacity in Brazil would reach up to 6 million tons per year after the tie-up. Read full article

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