The plant will focus on producing premium non-grain-oriented electrical steel. Credit: ArcelorMittal. Steelmaker ArcelorMittal is planning to construct an advanced steel manufacturing facility in ...

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

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.

The cost of building the plant is estimated at $0.9 billion, with an expected production start in the latter half of 2027, ArcelorMittal said. New car sales in the U.S. rose to a five-year high in ...