Steel Mills

SSAB to Invest $100 Million in Alabama Mill
Written by Tim Triplett
November 1, 2018
Steelmaker SSAB plans to invest up to $100 million in its operations near Mobile, Ala. Improvements to the mill, to take place from 2019 to 2021, will increase the potential capacity for high-strength steel production by 130,000 metric tons per year, the company said.
The investment aims to increase production capacity for high-strength, value-added steels, including quenched and tempered (Q&T) steels, while increasing operational efficiency and reducing raw material costs. Plans include installation of a new accelerated cooling system that will reduce the need for alloys in the production process. Other areas targeted for improvement include the rolling mill, formatting, blasting and painting, as well as overall shipping capacity.
“This announcement demonstrates SSAB’s commitment to our Alabama operations and to our valued customer base in North America, as well as those customers we serve globally,” said Chuck Schmitt, President of SSAB Americas. “With this planned investment, we not only increase our production, but improve our quality and efficiency performance, as well.”
SSAB has a history of investment in Alabama, beginning with the initial investment to build the mill, followed over the years by upgrades and expansions all totaling more than $820 million. Last year, SSAB Americas announced it would relocate the division’s head office from suburban Chicago to Mobile.

Tim Triplett
Read more from Tim TriplettLatest in Steel Mills

Cleveland-Cliffs quietly removes name from Steelton mill
The Cleveland-Cliffs name has been removed from its idled Steelton rail mill. SMU asked Cliffs about the move and if it might signal that it is selling the mill...

Nucor sees sequentially lower Q3 profits across all three business segments
Nucor's third-quarter earnings will be down quarter-over-quarter, but still higher than a year earlier.

Hyundai still on for Louisiana steel mill despite US raid at Georgia battery plant
Hyundai has reaffirmed its commitment to build a steel plant in Louisiana following a US government immigration raid at its battery facility in Georgia.

Hybar lowers output forecast, owning up to EAF startup delay
Hybar LLC’s rebar mill in Osceola, Ark., is now melting scrap and will soon be fulfilling orders, according to CEO David Stickler, despite a six-to-eight-week delay caused by commissioning the world’s first Aura electrical system.

Steel Dynamics guides to more metal, more money in Q3
Steel Dynamics Inc. is bullish heading into the close of the third quarter, with all three of its operating segments tracking higher.