ArcelorMittal cut its forecast for steel demand and raised its estimate of the financial impact from US tariffs, which are ...

ArcelorMittal South Africa said on Thursday it is still on track to close its loss-making long steel operations in September, ...

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 steel giant has announced the closure of a large part of its operations in South Africa after setbacks like tough business conditions and cheap imports. Steel manufacturer ArcelorMittal this week ...

Luxembourg-based steelmaker ArcelorMittal intends to invest $1.2 billion at its Calvert, Alabama, manufacturing site to produce up to 150,000 metric tons of nongrain-oriented electrical steel (NOES) ...

ArcelorMittal said on Thursday that it would build an advanced steel manufacturing facility in Calvert, Alabama, as it seeks to increase its production capacity to meet demand from the U.S ...

Steel giant ArcelorMittal is investing $1.2 billion to build an Alabama mill slated to produce advanced steel by 2027 for hybrid and electric vehicle motors to feed into the U.S. supply chain.

ArcelorMittal to build $900M steel plant in Alabama to meet U.S. auto sector demand Feb. 06, 2025 8:28 AM ET ArcelorMittal S.A. (MT) Stock By: Carl Surran, SA News Editor Play (2min) ...

Mobile Chamber logo (Mobile Chamber) ArcelorMittal, one of the world’s leading steel and mining companies, plans to build advanced, non-grain-oriented electrical steel (NOES) manufacturing ...

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 world's second largest steelmaker said the plant would be able to deliver up to 150 kilotons of premium non-grain-oriented electrical steel (NOES) annually, used primarily in the manufacturing ...