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Acerlor Mittal to invest 3.5 million euros in Acería Compacta.

In view of appreciable signs of economic recovery, the iron and steel multinational, Acerlor Mittal, has decided to invest 3.5 million euros in a project for the Acería Compacta de Bizkaia steelworks (ACB). Thus, this facility will be able to substitute the use of scrap as a raw material in favour of pre-reduced iron, which in turn, will lead to the production of higher quality steel.

Acerlor will supply ACB with this material from its pre-reduced iron factory in Trinidad and Tobago.

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