This morning in metals news: officials held a groundbreaking ceremony at the AM/NS Calvert mill earlier this month; President Joe Biden is expected to sign an executive order that calls for assessments of several critical supply chains; and US housing starts fell in January.
AM/NS Calvert officials hail expansion project
Officials celebrated the imminent expansion project at the AM/NS Calvert mill in Alabama with a groundbreaking ceremony earlier this month, al.com reported.
The Alabama mill is a 50/50 joint venture of ArcelorMittal and Nippon Steel. In December, ArcelorMittal completed the sale of most of its North American assets to Cleveland-Cliffs.
However, the AM/NS Calvert mill is one of the few assets not included in the sale.
Last August, ArcelorMittal announced its intention to build an electric arc furnace at the mill.
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Biden to sign executive order for supply chain assessments
President Joe Biden will sign an executive order calling for assessments of various US supply chains, Yahoo News reported.
The order will call for assessments of supply chains for semiconductors, medical supplies, rare earths and electric car batteries.