# AM/NS Calvert to build $775M electric arc furnace in Alabama

Nippon Steel and ArcelorMittal executed a definitive agreement to build an electric arc furnace at AM/NS Calvert in Calvert, Alabama, with an investment of approximately $775 million and capacity of 1.5 million metric tons per year, scheduled to start operation in the first half of 2023.

- Type: New facility
- Announced: 2020-12-22
- Where: Calvert, Alabama, United States
- Value: $775.0M
- Starts operating: Q3 2023
- Status: announced
- Capacity: 1.5 million metric tons per year
- Products: steel slabs, automotive flat products, advanced high-tensile steel sheets
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [AM/NS Calvert](https://endata.com/companies/49131.md)
- [ArcelorMittal](https://endata.com/companies/292.md) (partner)
- [Nippon Steel](https://endata.com/companies/7455.md) (partner)

## Sources

- [nipponsteel.com](https://www.nipponsteel.com/en/news/20201222%5F100.html), 2020-12-22: "With the newly-built EAF, Calvert will be able to manufacture by itself part of slabs necessary to produce its steel sheet products."
- [hbsinostar.com](https://www.hbsinostar.com/news/nippon-steel-and-anmi-joint-venture-to-build-n-41378183.html), 2021-01-06: "The new electric arc furnace has an annual production capacity of 1.5 million tons, mainly producing hot rolled, cold rolled and coated steel plates."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.