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

The plant will produce NOES, which is essential for manufacturing larger vehicles such as full-size pickups and SUVs.

Shares of ArcelorMittal (MT) edged nearly 0.5% higher on Friday morning as Deutsche Bank analysts hiked their price target on the steelmaker after its fourth-quarter earnings. Deutsche Bank hiked ...

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.

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 ...

At first glance, you might not consider cybersecurity a particularly rewarding career. But without cyber workers, our ...

Naveen Jindal has offered over $1 billion to acquire and revive the troubled Italian steelmaker Acciaierie dItalia. Competing ...

Iran’s supreme leader said Friday that negotiations with America “are not intelligent, wise or honorable” after President ...