# Steel Dynamics plans $2 billion capex in 2024, $1.4B for aluminum

Steel Dynamics announced $2 billion in capital investment for 2024, with $1.4 billion allocated to aluminum-related projects, including the Columbus aluminum mill in Mississippi.

- Type: Investment
- Announced: 2024-01-23
- Where: Fort Wayne, Indiana, United States
- Value: $2.00B
- Status: announced
- Products: flat-rolled steel, aluminum flat-rolled products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Steel Dynamics](https://endata.com/companies/895.md)

## Sources

- [industrialinfo.com](https://www.industrialinfo.com/iirenergy/industry-news/article/steel-dynamics-expects-2-billion-in-capex-for-2024--327626), 2024-01-24: "This demand environment, in combination with our ongoing expansion initiatives, provide firm drivers for our continued growth."

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