Steel Mills

SSAB announces $74M expansion in Alabama
Written by Stephanie Ritenbaugh
April 30, 2025
SSAB plans to invest about $74 million to expand its heat treat capacity at its Axis, Ala., plant.
The project is expected to start this year and to be completed in 2027.
“This expansion will bolster our capacity to produce high-strength steel brands such as Hardox and Strenx and will also increase SSAB Alabama’s truck shipping capacity,” said Andy Bramstedt, general manager of SSAB Alabama.
The project includes the construction of a new building with a state-of-the-art tempering furnace and improvements to the infrastructure. The project is expected to create 12 jobs, according to the Swedish steelmaker.
“This investment will not only expand our capacity for niche products, which are in high demand, but also enable us to offer a broader product range from our Alabama facility. This will enhance our offerings to customers primarily in North and South America,” said Kjell Baeckman, head of sales Special Steels, SSAB.

Stephanie Ritenbaugh
Read more from Stephanie RitenbaughLatest in Steel Mills

CRU: Blackout knocks out ArcelorMittal mill ‘for months’
Truchas works in Lazaro Cadenas, Michoacan, western Mexico. Repairs may take up to six months.

Nippon Steel posts quarterly loss on cost to buy U.S. Steel
Nippon Steel earnings take hit from buy of U.S. Steel.

Atlas completes Evraz NA deal, renames firm, and hires former USS exec as CEO
Atlas Holdings has completed its acquisition of Evraz North America (Evraz NA) and its subsidiaries.

ArcelorMittal: As tariffs slow global growth, Calvert could be a bright spot
ArcelorMittal expects less demand growth across most of the markets it operates in, including the US, because of President Donald Trump’s tariffs. But the Luxembourg-based steelmaker also thinks it stands to benefit from an increasingly regionalized world thanks to investments like the new EAF at its mill in Calvert, Ala.

Ternium posts solid Q2, expects further shipment growth
Latin American steel producer Ternium delivered a solid performance in the second quarter of 2025. Performance was driven primarily by higher realized steel prices in Mexico, even as shipment volumes declined slightly across its regional portfolio.