US government invests $102.8 million to expand Metallus Canton steel plant

The US government has invested $102.8 million to expand Metallus' Canton, Ohio steel plant, funding 50% of 2026 capital spending to boost production capacity for HF-1 steel used in 155mm artillery shells. The expansion enables production of 120,000 monthly shell components.

“The U.S. government invested $102.8 million to expand Metallus' Canton plant, funding 50% of 2026 capital spending to boost production capacity.”ainvest.com

• 1 source
• ainvest.comMetallus: The Pentagon Is Building Its Steel Plant, Not Just Buying From It | AInvestHenry RiversSep 25, 2026

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