Steelmaker JSW Steel USA plans to invest $145 million in a series of upgrades to its manufacturing operations in Mingo Junction, Ohio.
The projects will help the company meet rising demand for domestically-made steel products while also cutting emissions from its production process. The investment was announced at the SelectUSA Investment Summit held in National Harbour, Mayland, earlier this month.
The steelmaker, a subsidiary of India-based JSW Steel Group, also operates a facility in Baytown, Texas.
“The operational upgrades being made at JSW Steel USA are a progressive step towards achieving long term ESG goals,” JSW Steel USA Director Parth Jindal said in a statement. “These investments and projects will help us in producing high quality ‘melted and manufactured in the USA’ steel products required by our customers in the infrastructure and renewable energy sectors.”
The steelmaker’s recent steps to lower its carbon footprint come as efforts to decarbonize heavy industries in the U.S. take shape. The Department of Energy recently announced $6 billion in funding for projects to reduce emissions in manufacturing sectors including iron and steel.
JSW Steel USA’s investments include installing a vacuum tank degasser in its facility, which can lower carbon emissions compared to traditional steam ejector technology. The degasser works by reducing hydrogen content in steel production through the electrification of metal extraction processes.
The steelmaker also plans to implement dynamic soft reduction technology in its casting operations to improve defects in the center of casted steel slabs, helping it produce a wide range of high quality slabs in the U.S.
The new projects are expected to be completed and commissioned by 2026.
