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ArcelorMittal acquires majority stake in voestalpine’s HBI facility in Texas
On April 14, ArcelorMittal signed an agreement to acquire an 80% shareholding in voestalpine’s world-class Hot Briquetted Iron (‘HBI’) plant located in Corpus Christi, Texas. voestalpine will retain the remaining 20%. The transaction values the Corpus Christi operations at USD 1 billion and closing is subject to cust....
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