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 Alabama.

By Johan BODINIER and Anna Peverieri (Reuters) - ArcelorMittal on Thursday forecast improving steel demand for 2025 and said ...

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

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

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

Governor Kay Ivey announced that ArcelorMittal will invest $1.2 billion to build an advanced manufacturing facility in Mobile County to produce a specialty electrical steel that’s used in EV motors ...

The company will expand its campus in Kalvert, Alabama, to produce 150,000 metric tons per year, of electric steel.

ArcelorMittal SA (MT) reports robust financial performance with significant investments in growth and decarbonization, ...

Steelmaking giant ArcelorMittal said Thursday it would build a new plant in the United States to produce steel used in electric vehicles, as it posted a surge in annual net profit. The $900-million ...

A new $1.2 billion electrical steel manufacturing facility is coming to Calvert and is expected to bring more than 200 permanent jobs to the area.

ArcelorMittal plans to build a $1.2 billion advanced, non-grain-oriented electrical steel (NOES) manufacturing facility in ...