With a small gathering of internal leadership, AM/NS Calvert commemorated the groundbreaking of their new $775 million EAF steelmaking facility. The significant investment in the facility located in Calvert, Alabama (USA) was announced in December 2020 by ArcelorMittal and Nippon Steel Corporation, the 50:50 joint venture partners for AM/NS Calvert. The company has officially broken ground at the expansion site.
“Alabama and the steel industry go hand in hand, and I am proud to see continued growth through AM/NS Calvert’s $775 million expansion,” Governor Ivey said. “Shovels have officially hit the dirt, and I look forward to the advancements this project will bring. Alabama continues to prove to be the place for business and industry.”
Once completed, the planned facility will be capable of producing 1.5 million tonnes 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 200 direct and 100 indirect jobs in the community.
“While the team at AM/NS Calvert would prefer thanking each of our supporters who were critical to the approval of this project in-person, we look forward to celebrating this achievement when the new facility comes online in the first half of 2023. We certainly could not have gained approvals for this investment without the support of our government and community stakeholders.”
Jorge Oliveria, CEO AM/NS Calvert
“When two of the leading steel companies – ArcelorMittal and Nippon Steel – make a significant investment such as this, the world takes notice. This announcement shows a great confidence in the Mobile area, and for that we are grateful. The capital investment and construction, along with the hundreds of permanent and in-direct jobs will benefit area suppliers and local families for years to come,” said Bill Sisson, president and CEO of the Mobile Area Chamber of Commerce.
“This is an important project for AM/NS Calvert which builds additional flexibility to its slab sourcing and will increase its responsiveness to short lead time orders. AM/NS Calvert is already one of the world’s finest steel finishing facilities. Adding this state-of-the-art EAF will further strengthen its capabilities and enhance its ability to serve its full range of customers. I am very pleased we will be undertaking this with Nippon Steel; it is a natural extension of our existing, successful partnership.”
Brad Davey, Vice President ArcelorMittal