Arcelor to invest €15 million in Slovakia

Arcelor to invest €15 million in Slovakia

Recent market news report that world's biggest steel producer Arcelor is planning to invest €15 million in Brastislava (Slovakia) to establish a steel-sheet processing center. The new center is planned to be producing 50'000 tons of sheets per annum to serve automobile and white goods sectors. An official from Arcelor stated that the company targets consolidating its presence in the market, adding that Slovakia is a favorable country to invest.