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EBX, ArcelorMittal May Bid for Sepetiba Bay Area, Estado Says

EBX Group Co. Ltd. and ArcelorMittal are among companies expected to bid for an area of land in Sepetiba Bay in the Brazilian state of Rio do Janeiro, O Estado de S. Paulo reported, citing people it didn’t identify.

ArcelorMittal is likely to partner with Usinas Siderurgicas de Minas Gerais SA to bid for the land, which is expected to be auctioned in June, according to the newspaper.

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