June 10, 2026
Chilean companies CAP and Aceros AZA have agreed to combine their steel businesses to revive the historic Huachipato steel plant in Talcahuano through a new green steel venture valued at US$484 million. The new company, 85%-owned by AZA and 15%-owned by CAP, will use recycled scrap metal and electric arc furnace technology to produce lower-carbon […]
