The facility aims to boost U.S. steel independence as the Trump administration announces tariffs on the commodity.

The company will expand its campus in Kalvert, Alabama, to produce 150,000 metric tons per year, of electric steel.

The new facility will produce up to 150,000 metric tons of non-grain-oriented electrical steel (NOES) annually, that will be ...

Steel producer ArcelorMittal (MT) is facing some issues lately, especially with the ongoing troubles with the U.S. Steel (X) ...

Shares of ArcelorMittal (MT) edged nearly 0.5% higher on Friday morning as Deutsche Bank analysts hiked their price target on ...

By Johan BODINIER and Anna Peverieri (Reuters) - ArcelorMittal on Thursday forecast improving steel demand for 2025 and said ...

IndustryWeek editors write about that and trends in CEO hiring, big investments from three companies to support electricity-hungry industries and a new contract for GE ...

The McKinley Tariff of 1890 raised import duties to nearly 50% on average, up from around 38% previously. As the House Ways and Means Committee chairman, McKinley argued that high tariffs were ...

Steel manufacturers are trying to bring their supply chain closer or into the U.S. to offset the impact of a tariff hike, ...

ArcelorMittal is proceeding with plans to build a non-grain-oriented electrical steel (NOES) manufacturing facility in ...

Nippon Steel, which the administration says is now looking at an investment in U.S. Steel rather than an outright purchase, ...

The US president announced the introduction of a generalized 25% tariff on the two metals and their processed products. As ...