# SeAH Besteel Holdings and SeAH CSS to build $213B won special alloy plant in US

SeAH Besteel Holdings and SeAH CSS will jointly invest approximately KRW 213 billion to establish SeAH Superalloy Technology in the US and build a 6,000-tonne-per-year special alloy production plant, scheduled for completion in 2026.

- Type: New facility
- Announced: 2024-05-16
- Where: United States
- Value: $157.0M (213.0B KRW)
- Starts operating: 2026
- Status: announced
- Capacity: 6,000 tonnes per year
- Products: special alloys
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [SeAH Besteel](https://endata.com/companies/42484.md)
- [SeAH Superalloy Technologies](https://endata.com/companies/76648.md) (target)
- [SeAH CSS](https://endata.com/companies/77456.md) (partner)

## Sources

- [seah.co.kr](https://www.seah.co.kr/eng/pr/detail-page?idx=386), 2024-05-16: "A 6,000-tonne-per-year special alloy production plant is scheduled to be completed in '26"
- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/south-koreas-seah-besteel-plans-to-build-special-alloys-steel-plant-in-us-1341053.htm), 2024-05-20: "the board of directors has approved the plan to invest about KRW 213 billion ($156.7 million) over the next few years for the construction of the plant, which will have a production capacity of 6,000 mt per year."

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