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    Steel Mills

    ArcelorMittal Mexico Unswayed by Trade Threats

    Written by Tim Triplett


    The threats of Section 232 tariffs and the possible withdrawal of the United States from NAFTA have not swayed ArcelorMittal from its commitment to invest $1 billion in its Mexican operations.

    In a statement reported on Friday, a spokesman for the integrated steelmaker said the company has no intention of changing its plans for Mexico, which include construction of a new hot strip mill at its Lazaro Cardenas unit.

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