MEXICO INVESTMENT
The world's largest steelmaker, ArcelorMittal, will invest $1-billion in Mexico over the next three years to modernise its plant at a key Mexican port, Chairman and CEO Lakshmi Mittal said on Thursday.
"I am delighted to announce a $1-billion investment in Mexico over the next three years so we can meet Mexican demand for steel products, which is growing rapidly and is served heavily by imports," Mittal said at an event in southern Chiapas state attended by President Enrique Pena Nieto.
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