Spanish stainless steel producer Acerinox S.A. has announced that it will invest $244 million at its North American Stainless (NAS) plant in the US to increase its flat steel production capacity by 200,000 mt or by 20 percent.
The NAS plant will have a new cold rolling mill, it will upgrade its annealing and pickling lines and enlarge its melt shop.
The investment will create 70 new jobs in addition to the factory’s 1,600 employees.
I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.
17 Sep | Flats and Slab
17 Sep | Steel News