Luxembourg-based steel producer ArcelorMittal plans to invest $1.2bn at its Calvert, Alabama manufacturing site to produce up to 150,000mt of nongrain-oriented electrical steel (NOES) annually.

Alabama Gov. Kay Ivey on Feb. 6 announced the ... and create opportunities for our citizens.” The ArcelorMittal Calvert electrical steel mill will be able to make 150,000 metric tons of NOES ...

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It will be built near ArcelorMittal and Nippon Steel’s existing joint venture in Alabama, the AM/NS Calvert steel mill in Mobile County. Construction jobs during the build will tally up to 1,300.

The company will expand its campus in Calvert, Alabama, to make 150,000 metric tons per year of nongrain-oriented electrical steel. ArcelorMittal says it “expects higher apparent demand in fiscal year ...