# Steel Dynamics approves $1.9B aluminum mill in Southeast US

Steel Dynamics Inc. announced board approval to build a $1.9 billion aluminum mill in the southeastern United States. The company will own over 94% of the facility through a joint venture with Unity Aluminum.

- Type: Investment
- Announced: 2022-07-20
- Where: Southeastern United States, United States
- Value: $1.90B
- Status: announced
- Capacity: 650,000 tonnes per year
- Products: aluminum
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Steel Dynamics](https://endata.com/companies/895.md)
- [SMS group](https://endata.com/companies/2366.md) (supplier)
- [Unity Aluminum](https://endata.com/companies/64220.md) (partner)

## Sources

- [timescolonist.com](https://www.timescolonist.com/national-business/steelmaker-moves-ahead-on-effort-to-build-plant-in-southeast-5605666), 2022-07-20: "Steel Dynamics Inc. said this week that its board approved plans to move ahead with construction of the $1.9 billion plant, though it did not specify where other than to say it will be somewhere in the Southeast."
- [lightmetalage.com](https://www.lightmetalage.com/news/industry-news/recycling-remelt/steel-dynamics-to-invest-in-new-aluminum-recycling-and-rolling-facilities/), 2022-07-27: "Steel Dynamics, Inc. plans to invest $2.2 billion in three new aluminum facilities — a low-carbon flat rolled mill along with two supporting recycled aluminum slab centers."

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