ArcelorMittal and Nippon Steel to build EAF at AM/NS Calvert plant

ArcelorMittal and Nippon Steel Corp. signed a 50/50 joint-venture agreement to build a $775 million electric-arc furnace at their AM/NS Calvert plant in Calvert, Alabama, to produce 1.5 million metric tons of steel slabs, with construction starting in 2021 and operational by first half of 2023.

“Steel manufacturers ArcelorMittal, based in Luxembourg City, and Nippon Steel Corp., headquartered in Tokyo, have signed a 50/50 joint-venture agreement to build an electric-arc furnace at their plant, AM/NS Calvert”remanews.org

• 1 source
• remanews.orgArcelorMittal and Nippon Steel Team Up on Alabama EAF – ReMA NewsTanishia MartinJan 7, 2021

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