JSW Steel to Modernize Plate Mill; Could Add 500 Jobs in Second Project
JSW Steel (USA) of Baytown, Texas, received preliminary Board approval to proceed with a full-scale modernization project expected to take approximately 20 months to complete. A new state-of-the-art discrete plate mill will significantly increase product offerings while improving customer service. JSW awarded the project to Danieli. The plate-mill modernization is the first phase of a much larger project under consideration by the Board. The second phase includes the construction of a new state-of-the-art melting and casting facility in the U.S. that is expected to create 500 high-wage American jobs over the course of three years. A location has not yet been determined for the melting and casting facility.