SSAB to Increase Steel Production Capacity in Alabama
SSAB will increase production capacity for quenched-and-tempered (Q&T) steels at SSAB Americas’ steel mill in Mobile, Ala. The approximately $109 million investment will increase the annual capacity of Q&T in Mobile from 300,000 metric tons to 400,000 metric tons.
As part of the investment, a new accelerated cooling system will be installed. This will improve the potential to grow volumes of more advanced premium products while reducing the need for alloys. The investment has been designed to include the potential to build additional Q&T capacity through direct quenching similar to the technology currently used at SSAB’s production facilities in Finland and Sweden.