TT Iron Steel to acquire the Point Lisas Iron and Steel Plant from ArcelorMittal.

TT Iron Steel, an iron and steel manufacturer, to acquire the Point Lisas Iron and Steel Plant from ArcelorMittal, an industrial group. Financial terms were not disclosed. “The company is passionate about the development of the downstream manufacturing sector of higher value iron and steel products, this will further increase employment and wealth creation in the country. Our Environmental social and corporate governance (ESG) principles are anchored in producing lower-carbon products," Joel Pemberton, TT Iron Steel Chairman.