22
Jun
11:40
ArcelorMittal eyes €60m investment in Ascoval, Hayange mills
ArcelorMittal confirms it intends to invest €60 million ($71m) in Liberty’s French mills, Ascoval in Saint-Saulve and Hayange in Moselle, should it acquire them.
The company submitted an offer to purchase the facilities and is fast-tracking its takeover by submitting an official request to the European Commission for acquisition approval (see Kallanish 8 June).
The €60m investment will allow the facility to produce at full capacity. “Arcelo…
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