<p>ArcelorMittal Brazil is considering investments in the state of Minas Gerais in Brazil to cater to likely increase in steel demand. ArcelorMittal Brazil President Mr Jefferson De Paula told newspaper O Tempo that company intends to announce new investments in mining and long steel in Minas Gerais. He said “We are finishing a study, which is already very advanced, in the final stage, to make large investments in Brazil. I would say that these are large and robust projects to start at the beginning of next year, most of them would come to Minas Gerais. Investments are big and robust, and are expected for early 2022.”</p><p>Driven by the increase in demand, the expansion cycle will be carried out over the next three years across the country. The company’s investments should cover mining and long steel projects in Minas Gerais state</p>
<p>ArcelorMittal Brazil is considering investments in the state of Minas Gerais in Brazil to cater to likely increase in steel demand. ArcelorMittal Brazil President Mr Jefferson De Paula told newspaper O Tempo that company intends to announce new investments in mining and long steel in Minas Gerais. He said “We are finishing a study, which is already very advanced, in the final stage, to make large investments in Brazil. I would say that these are large and robust projects to start at the beginning of next year, most of them would come to Minas Gerais. Investments are big and robust, and are expected for early 2022.”</p><p>Driven by the increase in demand, the expansion cycle will be carried out over the next three years across the country. The company’s investments should cover mining and long steel projects in Minas Gerais state</p>
