TOC Africa 2025TBA GroupVan AalstCimbriaGeneva DryTelestack
  • Port of Stockton
  • Van Aalst
  • TOC Americas 2025
  • Geneva Dry
  • Vigan
  • Sailors Society

SSAB invests $74 Million to expand steel production in Alabama

SSAB invests $74 Million to expand steel production in Alabama

(Posted on 07/05/25)

Highly-specialised global steel company, SSAB has announced a significant investment of approximately $74 million USD to expand its heat treat capacity at the SSAB Alabama facility, located in Axis, Alabama. The new facility will substantially enhance SSAB’s ability to serve its customers in the U.S. market with premium steel products.

“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. This investment underscores our dedication to our customers and the industry, and we are excited about the opportunities it will bring to our facility and the community,” said Andy Bramstedt, General Manager of SSAB Alabama.

The project will encompass the construction of a new building equipped with a state-of-the-art tempering furnace, and improvements to the infrastructure.

“We have been working on this investment for a long time, and it is very gratifying to see it come to fruition. 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.

In addition to the capital investment, SSAB Alabama anticipates the creation of 12 new jobs, further contributing to the local economy.

“SSAB’s investment represents a major advancement for our region’s industrial capabilities. By expanding production of high-strength, specialized steel, SSAB is reinforcing Mobile County’s role in driving innovation and supplying critical materials to key sectors across North and South America,” said Mobile Chamber President and CEO Bradley Byrne. “We are proud to see global leaders like SSAB continuing to choose Mobile for their growth and innovation.”

This strategic initiative is set to commence in 2025 and is expected to be completed in 2027.

Latest News

NGFA applauds Senate confirmation of Lindberg as USDA trade undersecretary

(Posted on 04/08/25)

 The National Grain and Feed Association (NGFA) has commended the U.S. Senate for confirming Luke... Read more


Cargill to acquire Mig-Plus, expanding animal nutrition business in Brazil

(Posted on 04/08/25)

Cargill, one of the world’s leading food providers, continues to advance its growth strategy in... Read more


Resilient financial results as Rio Tinto grows and diversifies

(Posted on 30/07/25)

Rio Tinto has announced a 6% production year-on-year uplift, thereby delivering on strategy through... Read more


K-SURE and Trafigura $200m financing agreement to support Korean shipping

(Posted on 30/07/25)

The Korea Trade Insurance Corporation (K-SURE) and Trafigura, a global leader in the commodities industry... Read more


BHP record copper and iron ore production drives strong 2025 performance

(Posted on 21/07/25)

BHP have released their Operational Review for the year ended 30 June 2025.BHP Chief Executive Officer... Read more


Dynamic Mining shipping arm and GeoServe’s one-year milestone

(Posted on 15/07/25)

A strategic collaboration between Icon Gulf Trading DMCC (part of the Dynamic Group) and GeoServe Energy... Read more


SSAB and Metal Solutions start partnership in fossil-free steel

(Posted on 15/07/25)

SSAB and Metal Solutions have entered a long-term partnership for the supply of decarbonized steel with... Read more


NGFA thanks lawmakers for including industry priorities in ‘One Big Beautiful Bill’

(Posted on 08/07/25)

The National Grain and Feed Association (NGFA) in the USA has applauded Congress for including a slate... Read more


Fertilizers Europe: Commission announcement on CBAM falls short

(Posted on 08/07/25)

Fertilizers Europe’s have released their reaction to the European Commission announcement on the... Read more


Bunge completes sale of its North America corn milling business

(Posted on 02/07/25)

Bunge Global SA has confirmed that it has completed the previously announced sale of its North America... Read more


Port of StocktonSailors SocietyTOC Americas 2025Port of South LouisianaViganBühler GmbH
  • TBA Group
  • Cimbria

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping