Copper $ 5.341 / lb -1.29%
Brent Crude Oil $ 58.93 / bbl -2.32%
Palladium $ 1654.5 / ozt 1.85%
Crude Oil $ 55.17 / bbl -2.66%
Natural Gas $ 3.851 / Btu -4.61%
Silver Futures $ 63.305 / ozt -1.26%
Aluminum Futures $ 2870.75 / ton 0.23%
Micro Gold Futures $ 4347.3 / ozt 0.28%
Micro Silver Futures $ 63.255 / ozt -1.39%
Platinum $ 1861.7 / ozt 2.70%
Gold Futures $ 4349 / ozt 0.34%
Go to MDC Markets

ArcelorMittal to buy Brazil steelmaker CSP for $2.2 billion

Cecilia Jamasmie | July 28, 2022 | 7:16 am News Suppliers & Equipment Europe Latin America Iron Ore 

ArcelorMittal (NYSE: MT) has agreed to buy Brazilian steelmaker Companhia Siderurgica do Pecem (CSP) from Vale (NYSE: VALE) and South Korea’s Dongkuk and Posco for $2.2 billion. The deal gives ArcelorMittal, itself created through one of steel industry’s biggest ever takeovers, CSP’s installed...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now