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ArcelorMittal to build $1.2bn steel plant in US to support auto sector
I thought they had sold their US operations to Cleveland Cliffs. I guess I'm wrong.
ArcelorMittal to build $1.2bn steel plant in US to support auto sector
GlobalData
Fri, February 7, 2025 at 12:36 PM EST 2 min read
Steelmaker ArcelorMittal is planning to construct an advanced steel manufacturing facility in Calvert, Alabama to meet the increasing demand from the US automotive sector.
Estimated to cost $1.2bn, the plant will focus on producing premium non-grain-oriented electrical steel (NOES), which is essential for manufacturing larger vehicles such as full-size pickups and SUVs.
The new facility will be equipped to have an annual production capacity of up to 150,000 metric tonnes of NOES.
{snip}
NOES is said to be crucial for various applications including automotive and mobility, renewable electricity production, and electric motors, among others.
{snip}
GlobalData
Fri, February 7, 2025 at 12:36 PM EST 2 min read
Steelmaker ArcelorMittal is planning to construct an advanced steel manufacturing facility in Calvert, Alabama to meet the increasing demand from the US automotive sector.
Estimated to cost $1.2bn, the plant will focus on producing premium non-grain-oriented electrical steel (NOES), which is essential for manufacturing larger vehicles such as full-size pickups and SUVs.
The new facility will be equipped to have an annual production capacity of up to 150,000 metric tonnes of NOES.
{snip}
NOES is said to be crucial for various applications including automotive and mobility, renewable electricity production, and electric motors, among others.
{snip}
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
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