ArcelorMittal, one of the largest steel producers in the world and one of the owners of the AM/NS Calvert plant in Mobile County, announced last week that it had received a more than $280 million incentive from the federal government for a new plant that would produce non-grain-oriented electrical steel, a type of steel used in electric vehicles.
The plant could have the capacity to produce 150,000 metric tons of non-grain-oriented electrical steel each year when it’s completed, according to a news release from the steelmaker.
