ArcelorMittal Calvert, wholly owned by ArcelorMittal, is planning for an advanced manufacturing facility in Calvert, Alabama that could deliver 150,000 metric tons of domestic production capacity of non-grain-oriented electrical steel (NOES) annually, Because of its […]
MagREEsource, a spin-off of the CNRS-Institut Néel, is organizing a Euro 5 Million fundraising that will enable it to establish a 50-ton-per year magnet recycling facility this year in Grenoble, France with aims toward 500-ton […]
Targeting the growing electric vehicle market and planning for a startup in 2024, ArcelorMittal is expanding its production in Europe of electrical steel with the addition of a new plant near Dunkirk in northern France. […]
Eighteen months into existence, ArcelorMittal Nippon Steel India (AM/NS India) reports a strong resurgence in its fortunes, booking more than $1 billion in profits amidst rising demand in the first six months of 2021. Backed by the deep pockets and persistence of ArcelorMittal […]
Cleveland-Cliffs Inc. announced today that it has entered into a definitive agreement with ArcelorMittal USA to acquire substantially all of its operations for $1.4 billion. The transaction will make Cleveland-Cliffs, already a leading producer of electrical steel for motors and transformers, the largest flat-rolled steel producer […]
Backed by the deep pockets and persistence of ArcelorMittal and Nippon Steel, AM/NS is emerging as the new face of Essar Steel in India, a large but insolvent manufacturer of electrical and other steel products that the two partners […]
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