JSW Steel Limited will invest an estimated USD 500 million in the US. The company plans to both produce and supply steel in the country efficiently for the customers.
Jul 02, 2026
India’s JSW Limited is set to invest around USD 500 million to modernize and expand its US operations, the company said. The investment will cover facilities in Mingo Junction, Ohio, and Baytown in Texas, which includes commissioning a vacuum tank degasser and an advanced slab caster.
Built with a capex of USD 165 million for over 3 years, will enable JSW US to produce 12-inch steel slabs and eliminate imports of such slabs from Brazil, said the company. This will allow the company to supply to customers across North America, with steel entirely melted and manufactured in the US.
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With commissioning scheduled for October 01, 2026, the company’s plate and pipe mill in Bytown is in process of a separate modernization program worth USD 10 million.
