Steel Dynamics and Unity Aluminum form joint venture for new aluminum mill

Steel Dynamics and Unity Aluminum closed a joint venture arrangement for Steel Dynamics to construct and operate a new 650,000-tonne aluminum flat rolled mill. Capital investment is estimated at $1.9 billion, with commercial production planned to begin in Q1 2025.

“Steel Dynamics intends to construct and operate a new 650,000-tonne state-of-the-art, low carbon, recycled aluminum flat rolled mill.”headwallpartners.com

• 2 sources
• headwallpartners.comHeadwall Partners-Unity Aluminum Press ReleaseAug 22, 2022
• globenewswire.comHeadwall Partners, EA Markets, XMS Capital Partners, Odinbrook Global Advisors Serve as Financial Advisor to Unity Aluminum on Joint Venture Arrangement With Steel DynamicsHeadwall Partners LLCAug 22, 2022

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