# 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.

- Type: Expansion
- Announced: 2021-01-07
- Where: Calvert, Alabama, United States
- Value: $775.0M
- Starts operating: Q3 2023
- Status: announced
- Capacity: 1.5 million metric tons of steel slabs per year
- Products: steel slabs
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

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

## Sources

- [remanews.org](https://www.remanews.org/arcelormittal-and-nippon-steel-team-up-on-alabama-eaf/), 2021-01-07: "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"

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