ArcelorMittal announces that it has today completed the acquisition of Essar Steel India Limited (‘ESIL’), and simultaneously established a joint venture with Nippon Steel Corporation (‘Nippon Steel’), called ArcelorMittal Nippon Steel India Limited (‘AM/NS India’), which …

Welcome to one of the world’s most advanced steel finishing facilities. AM/NS Calvert is a 50/50 joint venture between ArcelorMittal and Nippon Steel Corp. (NSC). The steel processing plant is located in Calvert, Alabama, about 35 miles north of Mobile.

Oct 11, 2024 · The new 1.5mtpa electric arc furnace (EAF) currently under construction, integrated with ArcelorMittal’s HBI facility in Texas, will enable Calvert to supply automotive customers with lower CO 2 embodied steel, melted and poured in the United States of America.

Sep 28, 2022 · ArcelorMittal Nippon Steel India Limited (AM/NS India), a joint venture of Nippon Steel Corporation (Nippon Steel) and ArcelorMittal (AM), has decided to implement the following measures to strengthen its steel making business base:

ArcelorMittal Nippon Steel India completes Rs 16,500 crore acquisition of port and power assets from Essar Group

Dec 16, 2019 · ArcelorMittal (“AM”) and NIPPON STEEL CORPORATION (“Nippon Steel”) completed the joint acquisition of Essar Steel India Limited (“ESIL”) on December 16, 2019, which was implemented by the joint venture of AM and Nippon Steel.

Dec 6, 2024 · The ArcelorMittal-Nippon Steel joint venture completes five years of operation in India this year. The JV is now looking to scale up capacity to 40 MT by 2035, on the back of a ₹2.5-lakh-crore war-chest.

Oct 11, 2024 · Nippon Steel Corporation (“Nippon Steel”) announced today that it has entered into a definitive Equity Purchase Agreement with ArcelorMittal S.A. (“ArcelorMittal”) pursuant to which Nippon Steel has agreed to transfer all shares of its wholly owned subsidiary, NS Kote, Inc., to ArcelorMittal substantially concurrently with the ...

Oct 11, 2024 · ArcelorMittal (the “Company”, “Group”) announces it has entered into a definitive Equity Purchase Agreement (the “Agreement”) with Nippon Steel Corporation (“NSC”) pursuant to which...

Oct 14, 2024 · ArcelorMittal, a leading steel and mining company, has agreed to acquire Nippon Steel Corporation’s 50% equity interest in the AM/NS Calvert JV. The transaction involves a nominal consideration of $1, with Nippon Steel injecting cash and forgiving partner loans totalling around $900m (Y134.47m).