Steel Mills
ArcelorMittal Plans EAF at AM/NS Calvert
Written by Sandy Williams
August 13, 2020
ArcelorMittal announce plans to build an electric arc furnace steelmaking facility at AM/NS Calvert. When completed the facility will have the capability of producing 1.5 million metric tons of steel slabs for Calvert’s hot strip mill as well as producing a wide variety of steel grades for end-users.
“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,” said Chairman and CEO Lakshmi Mittal. “Furthermore, it aligns with our ambition of producing smarter steels for a better world.”
Construction of the new mill is expected to take 24 months and will create approximately 300 jobs. AM/NS Calvert was built by Thyssenkrupp and is currently owned by ArcelorMittal and Nippon Steel Corporation. AM/NS Calvert has been sourcing its slab from Latin American steel producer Ternium in Brazil. The Calvert facility includes a hot strip mill, cold rolling mill and three hot-dip galvanizing lines with a production capacity of 5.3 million tons of flat rolled carbon steel products annually.
Brad Davey, CEO of ArcelorMIttal NA, commented, “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. 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.
“In addition, the USMCA trade agreement is a game changer for the former NAFTA and as a result, future steel supply chains for the automotive markets will be required to use steel that was created within North America. A new EAF at AM/NS Calvert will further secure ArcelorMittal’s leadership in the North American automotive market.”
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Nippon’s Mori meets with Pa. Gov. Shapiro: Report
Nori, a top Nippon Steel official, met on Tuesday with Pennsylvania's governor, to discuss its proposed acquisition of U.S. Steel.
Nippon won’t import slabs to US if U.S. Steel deal goes through
Nippon Steel has affirmed that if its $14.9-billion bid for U.S. Steel proves successful, the Japanese steelmaker will not import overseas-produced slabs to the US.
AISI: Raw steel production falls to 5-week low
Domestic raw steel mill production slipped to a five-week low last week, according to the latest figures released by the American Iron and Steel Institute (AISI). Weekly production is now at the third-lowest level recorded this year.
Nucor maintains HR price at $750/ton
Nucor’s weekly consumer spot price (CSP) for hot-rolled (HR) coil was unchanged week on week (w/w) at $750 per short ton (st) on Monday, Nov. 18.
Mexican court orders sale of officially bankrupt AHMSA
After failing to reach agreements with its creditors, Altos Hornos de México (AHMSA) has been formally declared bankrupt by a Mexican bankruptcy court.