Why this project qualifies
With $1.2 billion in facility-specific investment and 200 permanent operating jobs announced, this project clears both of AFT's qualifying thresholds ($100 million in facility-specific investment OR 100 permanent operating jobs). This project also meets AFT's primary-source verification and physical U.S. manufacturing-footprint requirements.
View full methodology →Why it matters
The steel context.
American steelmakers are building a new generation of electric-arc-furnace mills alongside expanded sheet, plate, rebar and coating lines. Nucor, U.S. Steel, Cleveland-Cliffs, Steel Dynamics, CMC, BlueScope and Hyundai Steel are adding capacity for automakers, construction and grid infrastructure across the industrial Midwest, Southeast and Southwest.
Project record
At a glance
- Company
- ArcelorMittal
- Industry
- Steel
- Location
- Calvert, Alabama
- Investment
- $1.20B
- Permanent jobs announced
- 200
- Status
- Under Construction
- Announced
- Apr 22, 2024
- Expected opening
- H2 2027
- Added to tracker
- Oct 2, 2026
Sources
Official references
- Governor Ivey announces ArcelorMittal's $1.2 billion Alabama electrical-steel mill (Feb 6, 2025) https://governor.alabama.gov/newsroom/2025/02/governor-ivey-announces-that-arcelormittal-plans-1-2-billion-alabama-mill-to-produce-electrical-steel/
- ArcelorMittal: U.S. Department of Energy announces financial support for ArcelorMittal's anticipated world-class electrical steel facility in Alabama https://corporate.arcelormittal.com/media/news/non-regulatory-news/us-department-of-energy-announces-financial-support-for-arcelormittal-s-anticipated-world-class-electrical-steel-facility-in-alabama
- ArcelorMittal completes the acquisition of Nippon Steel Corporation's interest in AM/NS Calvert https://northamerica.arcelormittal.com/media/amna-news/news-articles/arcelormittal-completes-the-acquisition-of-nippon-steel-corporation-s-interest-in-amns-calvert
- ArcelorMittal SEC filing (EX-99.1) https://www.sec.gov/Archives/edgar/data/1243429/000183988225007702/ex99-1.htm
Related
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