2018-12-19
Dec. 19, 2018 - JSW Steel USA restarts the electric arc
furnace at the Mingo Junction facility and is planning to resume running the
caster.
The proposed investment by JSW Steel
follows the Memorandum signed by JSW Steel (USA) Inc in March 2018 to consider
an investment of upto US$ 500 million (subject to “EPA” approval) for expanding
its operations in Texas, USA. JSW Steel (USA) Inc operates one of the widest
steel plate & pipe mills in North America. Strategically located in
Baytown, Texas, approximately 30 miles outside Houston, the unit services the
needs of the energy, petrochemicals, defence and other heavy equipment
industries in USA who need high quality carbon plate.
JSW Steel’s newly acquired Acero Junction
Holding Inc’s steel manufacturing facility, located on the bank of Ohio river,
uses electric arc furnace route to produce hot rolled coils. It includes a 1.5
MTPA Electric Arc Furnace (EAF), a 2.80 MTPA slab caster and a 3.0 MTPA Hot
Strip Mill (HSM). The HSM is capable of producing a wide range of steel grades
in widths upto 2,000 mm wide and from thicknesses in the range of 1.5mm – 10
mm.
“It is our intention to further augment our
capacity in Acero Junction over the next few years and, subject to necessary
approvals, to take the combined capacity of JSW USA to 4 MTPA (3 MTPA at Acero
and 1 MTPA at Baytown), which will be 100% American Melted and Manufactured.” Said
Mr Parth Jindal, Director - JSW Steel (USA) Inc.
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