Help Desk -
9958816305, 9810335381
Email
Password

ArcelorMittal to build EAF at AM/NS Calvert

Steel News - Published on Thu, 13 Aug 2020

Image Source: AMNS Calvert
ArcelorMittal announced its intention to build an Electric Arc Furnace steel making facility at AM/NS Calvert. Once completed, the planned facility will be capable of producing 1.5 million tons of steel slabs for the Hot Strip Mill and producing a broad spectrum of steel grades required for Calvert’s end user markets. Construction is expected to take 24 months and the new facility is anticipated to create 300 additional jobs in the community.

AM/NS Calvert was originally built by ThyssenKrupp, with a total investment cost approximately USD 4 billion and was acquired by ArcelorMittal and Nippon Steel Corporation as a 50:50 JV in 2014. The J/V has already invested more than USD 200 million in strategic projects invested in Calvert since its acquisition.

Source :

Posted By : Yogender Pancholi on Thu, 13 Aug 2020
Related News from Steel segment