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ArcelorMittal announced a $775 million expansion at the AM/NS Calvert steel mill near Mobile, Alabama, adding an electric arc furnace expected to come online in H1 2023 and create 200 direct and 100 indirect jobs.
“The expansion project, worth $775 million, will add an additional electric arc furnace to the mill facility.”scrapmonster.com
Summarized from public sources; check the original articles before acting on it.