ArcelorMittal to acquire 80% stake in HBI plant from voestalpine
ArcelorMittal has agreed to acquire a stake of 80% in a hot briquetted iron plant (HBI plant) owned by Austrian steel industry company voestalpine in Corpus Christi, Texas. The remaining 20% stake in the hot briquetted iron facility will be retained by voestalpine. The Corpus Christi operations are valued at $1 billion and the closing […]