ArcelorMittal Set to Acquire 80% of Texas HBI Plant

ArcelorMittal Set to Acquire 80% of Texas HBI Plant

SUGAR LAND--April 18, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Steelmaker ArcelorMittal (NYSE:MT) (Luxembourg, Luxembourg) announced last week it will purchase an 80% stake in Voestalpine's (Linz, Austria) hot-briquetted iron (HBI) plant in Corpus Christi, Texas, for about $680 million.

Login or Register for Instant Access

Subscribe Now!

(All Fields Required)