22
Feb
12:43
ArcelorMittal delays ore project expansion in Mexico
ArcelorMittal says it is delaying the expansion of its iron ore production capacity in Mexico, Kallanish notes.
“The project start-up date is delayed to the second half of 2024 due to slower progress of equipment deliveries and construction works, as well as delays in obtaining required construction permits,” ArcelorMittal says. The company’s previous estimate was Q1 2024. The project will add approximately $50 million of Ebitda when the exp…
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Anonymous
Very good overview of the weekly steel market.
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