3 May 2023 , 12:18 PM
The international subsidiary of JSW Steel, JSW Steel USA Ohio Inc., will spend $145 million to renovate its manufacturing facility at Mingo Junction, Ohio.
According to JSW Steel USA Ohio, the purpose of the renovation is to address the need for high-quality steel products that are melted and produced in the US.
To modernize its production operations in Mingo Junction, Ohio, JSW Steel USA will invest USD 145 million in new projects. The administration of President (Joe) Biden’s Buy America initiatives are in line with this, the corporation said in a statement.
One of the many operations-improving projects included in the proposed expenditures is the installation of one of the biggest Vacuum Tank Degassers (VTD) in the world as well as the upgrading of auxiliary facilities, such as the manufacturing infrastructure.
The carbon emissions profile of the VTD is significantly lower than that of a conventional steam ejector vacuum technology. By electrifying metallurgical processes, JSW Steel USA can lower the amount of hydrogen in its steel products.
JSW Steel USA is also deploying Dynamic Soft Reduction (DSR) technology in its casting operations as part of this investment strategy.
In FY26, these new projects are anticipated to be finished and put into service.
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