ArcelorMittal Boosts Capital Spending for 2017 as U.S., European Steel Markets See Revival

SUGAR LAND--May 15, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Higher demand and prices for steel are reviving spirits at ArcelorMittal S.A. (NYSE:MT) (Luxembourg, Luxembourg), which has seen a sharp improvement in sales that executives expect to continue through 2017. But while the company has many expansion and refurbishment projects in the works worldwide, particularly in resurgent markets in Europe and the U.S., many of its big-ticket capital projects continue to face market-driven delays. Industrial Info is tracking more than $8.4 billion in active projects involving ArcelorMittal.

Within this article: Details on a variety of active projects involving ArcelorMittal, including steel-mill projects in the U.S., Spain and Brazil, and alternative-fuel projects in Belgium.