Mexican city partly closes ArcelorMittal L??zaro C??rdenas mill amid tax dispute

July 25, 2020 / www.metalbulletin.com / Article Link

ArcelorMittal M?(C)xico's integrated steel mill at L??zaro C??rdenas, in the country's western Michoac??n state, has been partly closed by local municipal officials because of alleged tax irregularities, the company said on Thursday July 23.

The L??zaro C??rdenas city authorities claim that ArcelorMittal has failed to pay its full property taxes in the past six years, and have demanded payment of 130 million pesos ($5.8 million).

ArcelorMittal M?(C)xico said that it has fully paid the property...

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