The Brazilian arm ofArcelorMittal, in association with Atlas Renewable Energy, concluded the set-up of the solar energy park LuizCarlos, located in Paracatu,state of Minas Gerais.
Iron-ore futures prices extended declines on Tuesday, as the big Simandou project in Guinea, west Africa shipped its first ore, raising prospects of more supply at a time when demand in top consumer China is set to decline amid falling steel output.