# Outokumpu extends hot rolling partnership with AM/NS until 2051

Outokumpu has extended its existing tolling agreement with ArcelorMittal Nippon Steel (AM/NS) for hot rolling services in Calvert, Alabama, until October 1, 2051. The contract is subject to four years prior written notice with the earliest effective termination date being October 1, 2042.

- Type: Contract
- Announced: 2023-11-29
- Where: Calvert, Alabama, United States
- Status: announced
- Products: hot rolling services
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Outokumpu](https://endata.com/companies/21491.md)
- [ArcelorMittal Nippon Steel](https://endata.com/companies/64961.md) (supplier)

## Sources

- [outokumpu.com](https://www.outokumpu.com/en/news/2023/insider-information,-c-,-outokumpu-has-successfully-negotiated-a-longterm-extension-to-its-partnership-with-amns-until-2051-for-the-procurement-of-hot-rolling-services-in-business-area-americas-3366828), 2023-11-29: "We have been carefully assessing how to best arrange our operations in the U.S. to achieve our commercial ambitions in the North American market, and the extension to the existing tolling agreement is a capital efficient solution."

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