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    Market Segment

    June 24, 2024

    JSW Steel USA to invest $110M to modernize Baytown plate mill

    Written by Ethan Bernard

    JSW Steel USA plans to invest $110 million to modernize its plate mill in Baytown, Texas, with new equipment and sustainable technology.

    “These investments will enable the production of high-quality monopile steel plates to support the US administration’s new actions to expand offshore wind energy by deploying 30 gigawatts (GW) of offshore wind by 2030,” the company said in a statement on Monday.

    Meets ‘Buy America’ requirements

    JSW Steel USA, part of India’s JSW Steel, noted that steel products made through this investment are aligned with ‘Buy America’ requirements. These include for niche grades and “applications such as hydrocarbon pipelines, offshore wind towers, offshore wind platforms, high-density pressure vessels, monopile steel slabs and platforms for offshore wind towers.”

    “These investments have the potential to significantly reduce US import reliance in the infrastructure and renewable energy sectors,” Parth Jindal, director of JSW Steel USA, said in the statement.  

    JSW Steel USA said it will expand its ‘Made In USA’ product portfolio as a consequence of this investment. This will be by insourcing the production of US-made steel slabs from its Mingo Junction, Ohio, facility.

    These new projects—which build upon JSW USA’s recently announced $145-million investment at the Mingo Junction mill—are expected to be completed and commissioned by FY’26, the company said.

    Greener tomorrow

    Rob Simon, CEO of JSW Steel USA said, “By supplying the critical high-grade steel products for US offshore wind deployment, JSW is committed to a cleaner, greener, and better tomorrow.”

    JSW Steel USA operates the Mingo Junction slab and hot-rolled sheet mill and the Baytown plate and pipe and tube mill in Texas.

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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