# SSAB to invest $100 million in Axis, Alabama steel mill expansion

SSAB announced plans to invest up to $100 million in its steel mill in Axis, Alabama, to increase production capacity for high-strength, value-added steels. The work will be done between 2019 and 2020 and could create up to 50 jobs.

- Type: Expansion
- Announced: 2018-10-30
- Where: Axis, Alabama, United States
- Value: $100.0M
- Jobs: 50
- Starts operating: 2019
- Status: announced
- Capacity: 130 kt/yr
- Products: high-strength steels, quenched and tempered steels
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [SSAB](https://endata.com/companies/1465.md)

## Sources

- [al.com](https://www.al.com/business/2018/10/steelmaker-ssab-to-invest-100-million-in-mobile-area-mill.html), 2018-10-30: "We have a long history of successful investment in Alabama, all with great cooperation and partnership with state, county and local agencies."
- [steeltimesint.com](https://www.steeltimesint.com/news/ssab-invests-heavily-in-mobile-alabama-steel-mill), 2018-11-06: "Swedish steelmaker SSAB is planning to invest up to US$100 million on its steel operations in Mobile, Alabama."

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