ArcelorMittal Long Products Canada said it will invest about C$70 million in its steel-production facilities by 2020, $C25 million of which will be funded via the Quebec government's electricity rebate program. "ArcelorMittal's Canada Unit to Invest C$70 Million in Facilities," at 1552 GMT on Thursday, erroneously stated that the project would be wholly funded by the program in the first and second paragraphs. The rebate program will fund $C25 million of the investment, not the whole $C70 million.

(END) Dow Jones Newswires

January 26, 2018 10:06 ET (15:06 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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