ArcelorMittal to move forward with construction of a new, world-class electrical steel facility in Alabama
February 6, Schererville, IN: ArcelorMittal announced that it is proceeding with plans to build an advanced, non-grain-oriented electrical steel (NOES) manufacturing facility in Alabama.
Read moreArcelorMittal completes the acquisition of Nippon Steel Corporation’s interest in AM/NS Calvert
In accordance with the definitive Equity Purchase Agreement (the “EPA”) signed between ArcelorMittal (the “Company”) and Nippon Steel Corporation (“NSC”) on 11 October 2024, the Company confirms that it has completed the acquisition (the “transaction”) of NSC’s 50% equity stake in AM/NS Calvert, with ArcelorMittal already holding the balance.
Read moreU.S. Department of Energy announces financial support for ArcelorMittal’s anticipated World-Class Electrical Steel facility in Alabama
ArcelorMittal Calvert, wholly owned by ArcelorMittal, is planning for an advanced manufacturing facility in Calvert, Alabama that could deliver 150,000 metric tons (Mt) of domestic production capacity of non-grain-oriented electrical steel (NOES) annually.
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