Steel Mills

SSAB announces $74M expansion in Alabama
Written by Stephanie Ritenbaugh
April 30, 2025
SSAB plans to invest about $74 million to expand its heat treat capacity at its Axis, Ala., plant.
The project is expected to start this year and to be completed in 2027.
“This expansion will bolster our capacity to produce high-strength steel brands such as Hardox and Strenx and will also increase SSAB Alabama’s truck shipping capacity,” said Andy Bramstedt, general manager of SSAB Alabama.
The project includes the construction of a new building with a state-of-the-art tempering furnace and improvements to the infrastructure. The project is expected to create 12 jobs, according to the Swedish steelmaker.
“This investment will not only expand our capacity for niche products, which are in high demand, but also enable us to offer a broader product range from our Alabama facility. This will enhance our offerings to customers primarily in North and South America,” said Kjell Baeckman, head of sales Special Steels, SSAB.

Stephanie Ritenbaugh
Read more from Stephanie RitenbaughLatest in Steel Mills

Nucor reports IT systems breach
Nucor said it temporarily and proactively halted some production operations at various locations.

Cliffs talks DOE funding, blast furnace relining schedule
The future of two projects supported in part by funding through the Department of Energy remains uncertain.

Cleveland-Cliffs open to asset sales
Meanwhile, its Canadian operations have been hurt by the broader tariffs proposed by the United States.

As Q1 loss balloons, Cliffs pledges to cut costs, streamline operations
Cleveland-Cliffs Inc. gushed red ink in the first quarter, and pledged to stem the bleeding by idling inefficient, “loss-making operations” and increasing focus on its core automotive business.

Cliffs plans to idle three mills, cut 950 jobs on ‘insufficient demand and pricing’
Cleveland-Cliffs plans to indefinitely idle its steel mill in Riverdale, Ill., as well as mills in Conshohocken, Pa., and Steelton, Pa. The Cleveland-based steelmaker said all three facilities would be idled on or around June 30. Approximately 950 jobs will be impacted, the company said.