ArcelorMittal to acquire Brazilian steelmaking company CSP for $2.2bn

ArcelorMittal to acquire Brazilian steelmaking company CSP for $2.2bn

Steel and mining company ArcelorMittal has agreed to acquire Brazilian steelmaking company Companhia Siderurgica do Pecem (CSP) for around $2.2 billion. Companhia Siderurgica do Pecem produces slabs at its steel factory in Ceará state northeast Brazil. The steel facility has been producing since 2016. The Brazilian steelmaker operates a blast furnace with a capacity of […]