Latest Industry Projects

All producers and purchasers wish to engage with the continuous process of design and development in the Steel industry. In order to fulfill this expectation, our portal offers a meticulous compilation of on-going as well as potential projects.

SSAB to invest SEK 500 million in its Nordic operations

Introduction: SSAB will invest more than SEK 500 million in its Nordic operations to support the automotive growth strategy, increased production stability and reduced energy consumption. Features: The investments will be made in operations at the Hämeenlinna and Luleå sites and the projects will start in late 2016. SSAB will…

Steel Ventures Inc Plans $16 Million Expansion of its Manufacturing Plant in Wurtland, Kentucky

Introduction: Steel Ventures Inc., an affiliate of Steel of West Virginia Inc., plans a $16 million buildout of an existing manufacturing facility in Wurtland, Kentucky. Features: The new plant will meet the demand for galvanizing both regionally and nationwide. It will allow the company to coat a variety of products…

Nucor Corporation to Build $230 Million Specialty Cold Mill Complex at its Arkansas Sheet Mill

Introduction: Nucor Corporation announced that it is planning to add an additional cold mill at its Nucor Steel Arkansas division with an investment of $230 Million. Features: The specialty cold mill complex will expand Nucor's capability to produce advanced high-strength, high-strength low-alloy, and motor lamination steel products. The mill is…

Skyline Steel to invest $15 Million to Expand its Steel Plant in Iuka, Mississippi

Introduction: Skyline Steel, a Nucor company, is expanding operations in Iuka, Mississippi with an investment of $15 Million. Features: The expansion involves the addition of new equipment, enabling the company to produce straight-seam electric resistance welded pipe for the same purposes. The company’s Iuka location currently manufactures large diameter spiral-welded…

Ilyich Iron And Steel Works to invest UAH 230 Million in the upgrade of its operations in Mariupol, Ukraine

Introduction: Metinvest Group's Ilyich Iron and Steel Works of Mariupol plans to invest UAH 230 Million in the upgrade of its operations. Features: Ilyich Iron and Steel Works of Mariupol (Ilyich Steel) is carrying out major overhaul on BOF vessel No.2 with the upgrade of the gas cleaning system. The…

Nucor and JFE Steel plans to build $270 Million Galvanized Sheet Steel Plant in Mexico

Introduction: Nucor Corporation announced that it is forming a 50-50 joint venture with JFE Steel Corporation of Japan to build and operate a plant in central Mexico to supply that country's automotive market. Features: The plant has capacity of 400,000 tons per year of galvanized sheet steel. The joint venture…

Kobe Steel to Invest $46.7 million to build Aluminum Extrusion and Fabrication Plant in Kentucky, USA

Introduction: Kobe Steel, Ltd. plans to build Aluminum Extrusion and Fabrication Plant that it will manufacture and sell aluminum extrusions for the automotive sector in the United States. The new business will operate through a company called Kobelco Aluminum Products & Extrusions Inc. (or KPEX) in Bowling Green, Kentucky. Features:…

Steel Technologies Invests $18 Million to Build Manufacturing Plant in Smyrna, Tennessee

Introduction: Steel Technologies will invest $18 million to build a new 83,000 square foot manufacturing facility in Smyrna, Tennessee. Features: This Manufacturing Plant will be the company’s second location in Rutherford County, and create 50 new jobs. Construction will begin mid-summer and is expected to be complete by the end…

POSCO to Build $1.6 billion Integrated Steel Mill in Iran

Introduction: POSCO signed a memorandum of agreement (MOA) with Iranian steelmaker PKP (Pars Kohan Diar Parsian Steel) to construct an $1.6 billion integrated steel mill. Features: POSCO will construct an integrated steel mill capable of producing 1.6 million tons per year in Iran, through use of its innovative technology FINEX…

Steel Dynamics breaks ground on $100 million Paint Line and Galvalume facility in Columbus, Mississippi

Introduction: Steel Dynamics, Inc. begins construction on Paint Line and Galvalume facility in Columbus, Mississippi with an investment of $100 million. Features: Situated on a 1,400-acre site, SDI’s Columbus facility is a groundbreaking, high-tech electric arc furnace mini-mill capable of producing 3.4 million tons of steel annually. The plant covers…