Steel giant ArcelorMittal is investing $1.2 billion to build an Alabama mill slated to produce advanced steel by 2027 for hybrid and electric vehicle motors to feed into the U.S. supply chain.

The new facility will produce up to 150,000 metric tons of non-grain-oriented electrical steel (NOES) annually, that will be ...

ArcelorMittal S.A. (Luxembourg) announced that it is proceeding with plans to build an advanced, non-grain-oriented electrical steel (NOES) manufacturing ...

Steel producer ArcelorMittal (MT) is facing some issues lately, especially with the ongoing troubles with the U.S. Steel (X) ...

The facility aims to boost U.S. steel independence as the Trump administration announces tariffs on the commodity.

ArcelorMittal is proceeding with plans to build a non-grain-oriented electrical steel (NOES) manufacturing facility in ...

U.S. steel and aluminum stocks surged after President Trump unveiled plans to impose a 25% tariff on metal imports, affecting ...

MT's $1.2 billion project aims to reduce U.S. dependency on electrical steel imports through the expansion of domestic NOES ...

An international steel producer is planning a $1.2 billion manufacturing facility for Alabama. The project from ArcelorMittal ...

ArcelorMittal, whose North American operations are headquartered in Schererville, made $1.3 billion in profits last year amid challenging conditions for the steel industry.

Steelmaker ArcelorMittal is planning to construct an advanced steel manufacturing facility in Calvert, Alabama to meet the ...

Shares of ArcelorMittal (MT) edged nearly 0.5% higher on Friday morning as Deutsche Bank analysts hiked their price target on ...