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Released September 15, 2025 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--As the threat of tariffs and trade wars roil the global Metals & Minerals Industry, many developers within the U.S. are expanding their domestic capacity and are investing in new projects to stem rising costs. Industrial Info is tracking more than $2 billion worth of projects in the midstream and downstream sectors of the U.S. Metals & Minerals Industry that are set to begin construction in the fourth quarter.
Click on the image at right for a graph detailing the top 10 parent companies for projects in the downstream U.S. Metals & Minerals Industry that are set to kick off from October through December, by total investment.
Midstream and downstream sectors include those engaged in foundries and forging; in the rolling, processing, finishing and fabrication of metals; and steel manufacturing.
ArcelorMittal (Luxembourg City, Luxembourg) is preparing to begin construction on the single highest-valued downstream metals project at the end of the year: the $500 million addition of an electric-arc furnace (EAF) at its steel-processing plant in Calvert, Alabama. The new unit is designed to produce 1.5 million metric tons per year of low-carbon, automotive-grade steel. The move follows ArcelorMittal's acquisition of former joint-venture partner Nippon Steel's (Tokyo, Japan) 50% stake in Calvert in June, giving it full control of the plant.
Along with the acquisition, ArcelorMittal completed construction on a $770 million EAF at Calvert, also designed to produce 1.5 million metric tons per year. Prior to this addition, the Calvert plant had a capacity of 2.8 million tons per year. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Plant and Project databases can learn more from a plant profile and detailed reports on the EAFs nearing construction and completed.
Regarding the EAF completed in June, "we're not giving a target for this year in terms of production," said Genuino Christino, the chief financial officer of ArcelorMittal, in an earnings-related conference call in May. "Our expectation is that it should take us about 12 months to be at a full run rate. So, I would expect that by the end of the year, we should be at a very high level of run rate already."
ArcelorMittal also is optimistic that production at Calvert will help it offset the effects of U.S. President Donald Trump's tariffs. Toward the end of July, Christino told Reuters in an interview that the company expects tariffs to reduce its core profit by $150 million for full-year 2025, more than the $100 million it forecast in February. He also said the company was considering cost cuts and passing through some of the tariff expenses to its customers.
SSAB (Stockholm, Sweden), another major downstream developer, is preparing for a $74 million expansion at its Mobile Steel Mill in Axis, Alabama. The 1.2 million-ton-per-year plant will expand its heat treat capacity and add a tempering furnace. SSAB has not yet put a number on how much production is expected to grow. Subscribers can learn more from a plant profile and project report.
"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, the general manager of SSAB Alabama, in a press release.
On a smaller scale, Steel Dynamics Incorporated (Fort Wayne, Indiana) is preparing for a series of improvement projects at its facilities, including $5 million in caster upgrades at its steel mill in Huntington, West Virginia, which produces 300,000 tons per year of steel rail and beam, and $2 million in reheat furnace rebuilds at its billet mill in Roanoke, Virginia, which produces 700,000 tons per year of billet steel. Subscribers can read detailed reports on the Huntington and Roanoke projects.
"The underlying steel demand remains steady," said Barry Schneider, the chief operating officer of Steel Dynamics, in a recent earnings-related conference all. "However, customers continue to exercise caution in placing orders due to ongoing uncertainty related to trade policies and interest rates. That said, we believe steel prices have stabilized in the near term with potential for upward movement in the future."
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for projects in the midstream and downstream sectors of the U.S. Metals & Minerals Industry that are set to begin construction in the fourth quarter.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Click on the image at right for a graph detailing the top 10 parent companies for projects in the downstream U.S. Metals & Minerals Industry that are set to kick off from October through December, by total investment.Midstream and downstream sectors include those engaged in foundries and forging; in the rolling, processing, finishing and fabrication of metals; and steel manufacturing.
ArcelorMittal (Luxembourg City, Luxembourg) is preparing to begin construction on the single highest-valued downstream metals project at the end of the year: the $500 million addition of an electric-arc furnace (EAF) at its steel-processing plant in Calvert, Alabama. The new unit is designed to produce 1.5 million metric tons per year of low-carbon, automotive-grade steel. The move follows ArcelorMittal's acquisition of former joint-venture partner Nippon Steel's (Tokyo, Japan) 50% stake in Calvert in June, giving it full control of the plant.
Along with the acquisition, ArcelorMittal completed construction on a $770 million EAF at Calvert, also designed to produce 1.5 million metric tons per year. Prior to this addition, the Calvert plant had a capacity of 2.8 million tons per year. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Plant and Project databases can learn more from a plant profile and detailed reports on the EAFs nearing construction and completed.
Regarding the EAF completed in June, "we're not giving a target for this year in terms of production," said Genuino Christino, the chief financial officer of ArcelorMittal, in an earnings-related conference call in May. "Our expectation is that it should take us about 12 months to be at a full run rate. So, I would expect that by the end of the year, we should be at a very high level of run rate already."
ArcelorMittal also is optimistic that production at Calvert will help it offset the effects of U.S. President Donald Trump's tariffs. Toward the end of July, Christino told Reuters in an interview that the company expects tariffs to reduce its core profit by $150 million for full-year 2025, more than the $100 million it forecast in February. He also said the company was considering cost cuts and passing through some of the tariff expenses to its customers.
SSAB (Stockholm, Sweden), another major downstream developer, is preparing for a $74 million expansion at its Mobile Steel Mill in Axis, Alabama. The 1.2 million-ton-per-year plant will expand its heat treat capacity and add a tempering furnace. SSAB has not yet put a number on how much production is expected to grow. Subscribers can learn more from a plant profile and project report.
"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, the general manager of SSAB Alabama, in a press release.
On a smaller scale, Steel Dynamics Incorporated (Fort Wayne, Indiana) is preparing for a series of improvement projects at its facilities, including $5 million in caster upgrades at its steel mill in Huntington, West Virginia, which produces 300,000 tons per year of steel rail and beam, and $2 million in reheat furnace rebuilds at its billet mill in Roanoke, Virginia, which produces 700,000 tons per year of billet steel. Subscribers can read detailed reports on the Huntington and Roanoke projects.
"The underlying steel demand remains steady," said Barry Schneider, the chief operating officer of Steel Dynamics, in a recent earnings-related conference all. "However, customers continue to exercise caution in placing orders due to ongoing uncertainty related to trade policies and interest rates. That said, we believe steel prices have stabilized in the near term with potential for upward movement in the future."
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for projects in the midstream and downstream sectors of the U.S. Metals & Minerals Industry that are set to begin construction in the fourth quarter.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
