AM/NS CALVERT new name of former ThyssenKrupp steel facility north of Mobile, AL

Post date: Sep 21, 2014 3:23:29 PM

Press Release

World’s most modern steel finishing facility named AM/NS Calvert. ArcelorMittal and Nippon Steel & Sumitomo Metal Corporation unveil name, identity to 1,200 employees

Calvert, Alabama – February 28, 2014 – The identity of the world’s most modern steel finishing facility, now AM/NS Calvert, was announced Thursday evening at an employeeonly

reception held on facility grounds. “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.

“We very much hope that AM/NS Calvert will become synonymous with the highest quality products and will build a strong reputation for Calvert – this plant and this town - with all our

customers and stakeholders,” Mr. Mittal said. The partners reiterated their commitment to achieving the standard-setting potential of AM/NS Calvert which boasts a total capacity of 5.3 million tons and features state-of-the-art hot rolling, cold rolling, coating and finishing lines. “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.

It was also announced that Mr. Chris Richards was named president of AM/NS Calvert, responsible for the operations of the new joint venture. Since 2006, Richards served as

president of I/N Tek & I/N Kote, ArcelorMittal and NSSMC’s joint venture in New Carlisle, Ind., which was formed in 1987.

ArcelorMittal and NSSMC announced on Feb. 26 that it completed the acquisition of ThyssenKrupp Steel USA, having received all necessary regulatory approvals.

About ArcelorMittal

ArcelorMittal is the world's leading steel and mining company, with a presence in more than 60 countries and an industrial footprint in over 20 countries. Guided by a philosophy to produce safe, sustainable steel, we are the leading supplier of quality steel in the major global steel markets including automotive, construction, household appliances and packaging, with world-class research and development and outstanding distribution networks. Through our core values of sustainability, quality and leadership, we operate responsibly

with respect to the health, safety and wellbeing of our employees, contractors and the communities in which we operate. For us, steel is the fabric of life, as it is at the heart of the modern world from railways to cars and washing machines. We are actively researching and producing steel-based technologies and solutions that make many of the products and components we use in our everyday lives more energy-efficient.

We are one of the world’s five largest producers of iron ore and metallurgical coal and our mining business is an essential part of our growth strategy. With a geographically

diversified portfolio of iron ore and coal assets, we are strategically positioned to serve our network of steel plants and the external global market. While our steel operations

are important customers, our supply to the external market is increasing as we grow. In 2013, ArcelorMittal had revenues of $79.4 billion and crude steel production of 91.2

million tonnes, while iron ore production reached 58.4 million tones. ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris

(MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).

For more information about ArcelorMittal please visit: www.arcelormittal.com.