Steel Mills
July 15, 2014
Written by John Packard
Based on SMU sources we understand there are two steel mills, comprising three separate steel plants, that are for sale and could potentially change hands before the end of this calendar year. The two mills are Severstal NA and Gallatin.
Severstal NA
ArcelorMittal plans to build a new electrical steel manufacturing facility near its AM/NS Calvert joint-venture mill in Alabama. The steelmaker plans to produce 150,000 metric tons (165,350 short tons) of non-grain-oriented electrical steel (NOES) annually there through its wholly owned subsidiary, ArcelorMittal Calvert LLC. ArcelorMittal revealed its plans for the new mill on Monday, following the Department […]
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