ArcelorMittal Plans $500 Million Furnace at Mobile-area Mill

The multi-billion dollar Calvert mill Steelmaker ArcelorMittal yesterday announced plans to add a $500 million electric arc furnace at its Calvert mill on the Mobile-Washington county line. The new furnace will allow the plant to produce 1.5 million metric tons of steel slabs for the hot strip mill. Slab steel is…

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