ArcelorMittal Will Build EAF at Calvert
By Metal Center News Staff
on Aug 12, 2020
ArcelorMittal will build an electric arc furnace steelmaking facility at its AM/NS Calvert facility in Alabama. Upon completion, the facility will be capable of producing 1.5 million tons of steel slabs for the hot-strip mill, plus a broad spectrum of steel grades for the facility’s end-user markets.
Construction is expected to take two years.
“An electric arc furnace at Calvert makes strategic sense as it allows our asset to be more reactive to the local market as well as being in line with the USMCA. Furthermore, it aligns with our ambition of producing smarter steels for a better world,” said Lakshmi Mittal, chairman and CEO of ArcelorMittal.
“The addition of an EAF at AM/NS Calvert presents a transformational opportunity for what is already widely considered to be the world’s most advanced steel finishing facility. This is a logical next step in optimizing AM/NS Calvert’s supply chain,” said Brad Davey, CEO of ArcelorMittal North America. “Enhancing our already highly competitive lead times with short lead-time flexibility, combined with our existing world class facilities will give AM/NS Calvert a decisive competitive advantage. A new EAF at AM/NS Calvert will further secure ArcelorMittal’s leadership in the North American Automotive market.”
AM/NS Calvert was originally built by Thyssenkrupp for $4 billion in 2010. The facility was acquired by ArcelorMittal and Nippon Steel Company in a 50/50 joint venture in 2014.