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ArcelorMittal (MT) suspends a $1.5B expansion plan (in the middle of construction) in Brazil,...

ArcelorMittal (MT) suspends a $1.5B expansion plan (in the middle of construction) in Brazil, citing a lack of demand not just in that country, but across the globe. An earlier report has Chinese buyers refusing shipments of iron ore and coking coal as overcapacity there has steel mills cutting output.
Comments (2)
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    Fürchtet euch, fürchtet euch nicht.
    21 May 2012, 02:54 PM Reply Like
  • tyouth
    , contributor
    Comments (79) | Send Message
     
    wtf?
    23 May 2012, 03:47 PM Reply Like
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