Steel Dynamics has announced an additional investment of $75 million to install a second caster at its Structural and Rail Division at Columbia City, Ind. The expansion will help to facilitate production of larger quantities of semi-finished steel, increasing the mill's combined production capacity for structural steel and rail to 2 million tons/year.
The initial installation will comprise four strands, but the new bloom/billet caster will be expandable to five strands in the future as warranted by market conditions. Installation of a second caster complements a previously announced $200 million mill expansion that is currently underway at the Columbia City facility. The new caster is scheduled to be completed in the fourth quarter of 2008.
Steel Dynamics to Invest $75 Million in New Caster
August 3, 2007