[JSW Steel Plans 500 Million USD US Upgrade]

Published: Jun 30, 2026 15:26
India’s JSW Steel will invest 500 million USD to expand and modernize its US operations in Mingo Junction, Ohio, and Baytown, Texas. About 165 million USD will fund a vacuum tank degasser and advanced slab caster over three years, enabling JSW US to produce 12-inch slabs and reduce imports from Brazil and other countries. Baytown’s plate and pipe mill is also undergoing a 110 million USD upgrade, scheduled for October 2026.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Steel] Off-season effect compounded by policy wait-and-see, EU HRC price increase may be difficult to materialize
11 mins ago
[SMM Steel] Off-season effect compounded by policy wait-and-see, EU HRC price increase may be difficult to materialize
Read More
[SMM Steel] Off-season effect compounded by policy wait-and-see, EU HRC price increase may be difficult to materialize
[SMM Steel] Off-season effect compounded by policy wait-and-see, EU HRC price increase may be difficult to materialize
[EU] EU local steel demand remains weak due to poor weather conditions and extended summer holidays, and HRC prices are under downward pressure. Currently, some steel mills' ex-works quotations are around $775–781/mt EXW, but traders report that actual transaction prices are even lower and vary by region. Although there were rumors that large steel mills planned to increase prices by $57–80/mt from July to August, given the current weak conditions, the likelihood of further price increases remains unclear. Buyers are currently fully in a wait-and-see mode, awaiting clearer market conditions after July 1. In the short term, the overall market is expected to remain under pressure.
11 mins ago
[SMM Zhangjiagang HRC Inventory] Zhangjiagang Inventory Flat WoW This Week
27 mins ago
[SMM Zhangjiagang HRC Inventory] Zhangjiagang Inventory Flat WoW This Week
Read More
[SMM Zhangjiagang HRC Inventory] Zhangjiagang Inventory Flat WoW This Week
[SMM Zhangjiagang HRC Inventory] Zhangjiagang Inventory Flat WoW This Week
This week, Zhangjiagang HRC inventory reached 269,000 mt, flat WoW; up 5.49% YoY.
27 mins ago
[Australia's Killi Resources Secures 110 Million MT Lodestone Iron Ore Project]
50 mins ago
[Australia's Killi Resources Secures 110 Million MT Lodestone Iron Ore Project]
Read More
[Australia's Killi Resources Secures 110 Million MT Lodestone Iron Ore Project]
[Australia's Killi Resources Secures 110 Million MT Lodestone Iron Ore Project]
Killi Resources acquired an 80% interest in the Lodestone Iron Ore Project in Western Australia. The project currently has an inferred mineral resource of 110 million metric tons and shows potential to produce a high-grade magnetite concentrate (around 69% Fe), which could serve as a low-emission feedstock for EAF and DRI steelmaking.
50 mins ago