# JSW Steel to invest up to $500M in Acero Junction in Ohio

JSW Steel plans to invest up to $500 million in two phases to acquire, enhance and upgrade Acero Junction Inc. in Ohio, including revamping the EAF and slab caster and modernizing the hot strip mill.

- Type: Investment
- Announced: 2018-06-22
- Where: Ohio, United States
- Value: $500.0M
- Status: announced
- Capacity: 3 million mt per year
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [JSW Steel](https://endata.com/companies/22727.md) (investor)
- [Acero Junction Holdings](https://endata.com/companies/31003.md) (partner)

## Sources

- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/jsw-steel-to-invest-up-to-500-million-in-ohio-based-acero-junction-1045185.htm), 2018-06-22: "JSW Steel has announced that it has proposed an investment of up to $500 million in acquiring, enhancing and upgrading Acero Junction Inc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.