SUGAR LAND--April 18, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Steelmaker <a href='https://corporate.arcelormittal.com/' target='_blank'>ArcelorMittal</a> (<a href='https://www.nyse.com/quote/XNYS:MT' target='_blank'>NYSE:MT</a>) (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.