Steel Mills
AM/NS Calvert: A New Identity
Written by Sandy Williams
March 2, 2014
ArcelorMittal and Nippon Steel & Sumitomo Metal Corporation (NSSMC) announced the new name for the “world’s most modern steel finishing facility”—the former ThyssenKrupp mill in Alabama—will be AM/NS Calvert. The announcement was made during a private employee-only reception held at facility on Thursday.
“The name is AM/NS Calvert. AM and NS need no explanation. And we chose Calvert because we wanted all of you to feel an ownership and engagement with the name. This is your plant, and Calvert is your town. And red and white I know is the color of the Alabama flag,” explained Mr. Lakshmi N. Mittal, chairman and CEO of ArcelorMittal, to employees.
The leaders of AM and NSSMC reiterated their commitment “to achieving the standard-setting potential of AM/NS Calvert.”
“I have been looking forward to meeting with you and visiting production facilities here on site. I hope that all of you gathering here today, and people from ArcelorMittal and Nippon Steel & Sumitomo Metal, will work together as a team, to grasp firm trust from important customers especially automotive manufacturers in southern areas of the U.S.,” said Shoji Muneoka, Chairman and CEO of Nippon Steel & Sumitomo Metal Corporation.
Chris Richards, mostly recently president of I/N Tek & I/N Kote, ArcelorMittal and NSSMC’s joint venture in Indiana, was named president of AM/NS Calvert.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
SSAB posts Q3 profit, sees caution among US buyers
Swedish steelmaker SSAB said its weaker third-quarter financial performance was due to muted demand, planned maintenance outages, and the continued decline of US plate prices.
Nucor upbeat on progression of flat rolled expansions
Nucor isn’t overly concerned with low utilization rates or an oversupplied market, as its investment strategy is for the long term, executives reminded investors on Tuesday.
Nucor Q3 profit falls sharply on lower steel prices, further drop seen in Q4
Nucor's profits dropped precipitously in the third quarter on lower prices in its steel mills segment as the company expects a continued earnings slide for Q4'24.
Nucor holds HR base price at $720/ton
Nucor is holding its hot-rolled coil consumer spot price at $720/short ton this week.
Nucor commissions SMS group to upgrade Alabama plate mill
Nucor Corp. has commissioned SMS group to upgrade its Tuscaloosa, Ala., plate mill.