JSW steel to restart production at US mill
JSW Steel USA will restart production at the electric arc furnace (EAF) mini mill in Mingo Junction, Ohio. The upgraded EAF will allow the Mingo Junction mill to produce 12 inch slabs that will be supplied to the company's pipe and plate mill subsidiary in Baytown, Texas and other customers.
Last July, the company suspended production at its US subsidiary Mingo Junction due to a fall in demand and used the closure of the factory to upgrade the equipment.
The company planned to remove the 1.5 million tonne per annum (mtpa) electric arc furnace and replace it with a new Tenova Consteel EAF of the same capacity.
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Along with EAF, the company has also restarted the plate mill ahead of schedule on February 25. The plate mill has undergone equipment upgrades to enhance production capacity.
The pipe and plate mill in Texas registered sales volumes of 18,183 tonne of plates and 150 tonne of pipes in the December quarter. It reported an EBITDA loss of $8.45 million for the December quarter.
The hot rolled (HR) coil manufacturing facility in Ohio logged a sales volume of 10,892 tonne and an EBITDA loss of $21.26 million
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