Press ReleaseSource: Industrial Info Resources

ArcelorMittal Moving Forward With $1.2 Billion Brazilian Steel Mill Expansion, an Industrial Info News Alert
Friday August 22, 2008 5:30 am ET

CORDOBA, ARGENTINA--(MARKET WIRE)--Aug 22, 2008 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- ArcelorMittal (NYSE:MT - News) (Luxembourg) is moving forward with the $1.2 billion expansion of the Monlevade Steel Mill, located about 110 kilometers from Belo Horizonte, the capital of Minas Gerais state in southeastern Brazil. Construction began in March 2008 and is expected to last 30 months. Construtora Lideranca (Belo Horizonte) is in charge of construction.

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Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to metalsandmineralsgroup@industrialinfo.com or visit us at www.industrialinfo.com.

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Source: Industrial Info Resources


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