The merger between ArcelorMittal Brasil and local long steel producer Votorantim Siderurgia was concluded on Sunday April 1, resulting in the creation of the country's largest long steel mill, with output capacity for around 5 million tonnes per year.
"We become more competitive in a market that is very challenging," the chief executive officer of ArcelorMittal Long Carbon Central & South Americas, Jefferson de Paula, said on April 5.The agreement includes Votorantim's units in the cities of Barra Mansa and...