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Steel Dynamics announced plans to construct a new electric-arc-furnace flat roll steel mill in the southwestern United States, with an annual capacity of 3 million tons and an estimated investment of $1.7-1.8 billion. Construction is expected to begin in 2020, with operations starting in the second half of 2021.
“The current estimated investment is $1.7 billion to $1.8 billion, with anticipated direct job creation of approximately 600 well-paying positions.”prnewswire.com
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