US Stocks Move | ArcelorMittal rises 4% pre-market as first phase of Brazilian hot-rolling project gets approved
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Glonghui, July 10th — Europe's largest steel group saw its shares rise 4% in pre-market trading to $65.49. According to reports, the group's factory in Pecém, Ceará, Brazil has approved the first phase of a strategic project to construct a new hot-rolled coil production line. If fully implemented, the project is expected to involve a total investment of about 4.5 billion Brazilian reais (approximately $872 million) and could create around 3,000 jobs during the construction phase. Currently, the Pecém plant focuses on slab production with an annual capacity of 3 million tons, and there are plans to increase product added value by adding a hot-rolled coil production line in the future.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
AI with continuous learning is still expanding the storage semiconductor market
404k•2026/09/19 13:18
Anthropic's Path to the Public Markets Just Got 2 New Developments
BeInCrypto•2026/09/19 10:15
WLD’s 15% price surge follows World Network’s launch of ‘World Money’ Super App
AMBCrypto•2026/09/19 07:00
In the coming month, you will see bitcoin prices starting with '10', or even double eleven!
AiCoin•2026/09/19 06:39
Crypto prices
MoreBitcoin
BTC
$81,238.85
+4.04%
Ethereum
ETH
$2,637.1
+5.33%
Tether USDt
USDT
$0.9997
+0.06%
BNB
BNB
$769.6
+3.06%
XRP
XRP
$1.44
+8.94%
USDC
USDC
$0.9999
+0.00%
Solana
SOL
$111.52
+5.35%
TRON
TRX
$0.3379
-0.03%
Zcash
ZEC
$1,533.03
+4.38%
Hyperliquid
HYPE
$92.31
+1.03%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now