Steel Dynamics Inc. will build and operate a 650,000-metric-ton aluminum flat-rolled mill with two satellite recycled aluminum slab centers. The company will own over 94% of the mill through a joint venture with Unity Aluminum.
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 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.
Steel Dynamics Inc. announced a $2.2 billion plan to build a flat-rolled aluminum mill in the southeastern US, along with two recycled aluminum slab casting plants in the southwestern US and northcentral Mexico. The mill will have an annual capacity of 650,000 metric tons and is expected to start up in Q1 2025.