Indian group ArcelorMittal plans USD 1 billion investment in Brazil as Chinese steel imports decline

October 3, 2026
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New Delhi [India], October 3 (ANI): ArcelorMittal, the global steelmaker controlled by the Indian Mittal family, is preparing a new investment cycle of more than R$10 billion in Brazil, encouraged by a decline in Chinese steel imports following the Brazilian government’s trade defence measures.…

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