Steel Mills
JSW USA Underway With Big Upgrades to Texas Plate Mill
Written by Michael Cowden
November 3, 2021
JSW Steel (USA) Inc. has launched the second phase of a $260 million project aimed at refurbishing its plate mill in Baytown, Texas.
The upgrades will allow the Baytown mill to better compete in on- and offshore wind tower, agriculture, construction and storage tank markets as well as in other sectors for which surface finish is a critical selling point, the company said.
The latest expansion will include the addition of a 4-Hi finishing mill, pre-leveler, accelerated cooling system/direct quench (ACC/DQ), cooling beds and a new roll shop.
The work is scheduled to be finished in the second half of 2023, JSW USA said.
“Once this project is completed, it will put JSW USA in a position to deliver higher quality products as well as enter new markets,” company CEO Mark Bush said in a statement.
“The continuation of these strategic capital upgrades at our facilities in the USA will further strengthen JSW USA’s position as a high-quality, low-cost provider of melted-and-manufactured products,” company director Parth Jindal said.
JSW USA is a subsidiary of Indian steelmaker JSW Steel Ltd. JSW Steel, in turn, is part of Indian conglomerate JSW Group, which is also a big player in energy, infrastructure and cement.
While JSW Steel has a limited presence in the U.S. – a sheet mill in Mingo Junction, Ohio, and the plate and pipe mill in Baytown – it is among the largest steel producers in the world.
The Ohio mill has an electric arc furnace (EAF). The Texas plant does not currently have melt capacity. But Baytown can roll slabs melted in Mingo Junction to participate in certain government work that requires steel to be melted and poured domestically.
By Michael Cowden, Michael@SteelMarketUpdate.com
Michael Cowden
Read more from Michael CowdenLatest in Steel Mills
Goncalves says Cliffs still has interest in USS buy
Cleveland-Cliffs Inc. would still be interested in acquiring some or all of U.S. Steel’s assets, if the proposed deal by Nippon Steel stumbles, according to an article in Bloomberg.
Algoma to conclude planned plate mill outage at month’s end
Algoma Steel Inc. expects to wrap up a previously announced outage on its plate mill by the end of this month, a company spokeswoman said. The outage is part of the Canadian flat-rolled steelmaker’s $130 million CAD ($95 million USD) modernization project. It began in mid-April.
SDI execs detail April outage at Sinton, address ‘robust’ HR-CR spread
Steel Dynamics Inc. (SDI) executives said the company's Sinton, Texas, sheet mill should be able to increase melt capacity after an outage earlier this month. Sinton should see "additional improvements in production" after taking "several maintenance days in April," Barry Schneider, SDI president and COO, said in a Q1 earnings conference call on Wednesday.
SSAB Americas Q1 results hit by lower plate prices, demand
Lower demand and prices for steel plate impacted SSAB Americas’ results in the first quarter, Swedish parent company SSAB said in its Q1'24 interim report.
Cliffs working on a transforming solution for Weirton mill
Cleveland-Cliffs is working on a solution for its recently idled mill in Weirton, W.Va., that will address pent-up demand for transformers, increase the need for its electrical steel, and get its workforce back to work.