ArcelorMittal completes acquisition of Nippon Steel's stake in AM/NS Calvert

ArcelorMittal announced the completion of its acquisition of Nippon Steel Corporation’s 50% stake in AM/NS Calvert, solidifying full ownership of the steelmaking facility in Calvert, Alabama. The transaction involved $1 for shares and assumption of $0.9 billion in cash and loans receivable.

“This is not just a finishing facility. It’s a fully integrated steel ecosystem designed for the most demanding applications.”oreaco.com

• 1 source
• oreaco.comCalvert Consolidation Catalyses Carbon-Conscious Capability & Competitive Clout | OREACOJul 25, 2025

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