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

Bunge closes agreement to acquire NWT grain elevator assets

Bunge has successfully closed its purchase agreement for the grain elevator assets of North West Terminal... Read more

NGFA applauds Senate committee for advancing Grain Standards Act reauthorisation

The National Grain and Feed Association (NGFA) in the USA has applauded the Senate Agriculture Committee... Read more

Rio Tinto announces board changes.

As Rio Tinto previously reported, the size of its Board peaked at 14 Directors during a transitional... Read more

ADM advances quality capabilities with new central milling laboratory

ADM , a global leader in human and animal nutrition, has celebrated the opening of its new Central Milling... Read more

Bunge announces reporting segment changes and recast outlook

Bunge Global SA has announced that it has changed its segment and volume reporting to align with the... Read more

Open Trade Coalition calls for bold and open EU trade policy

As the European Parliament prepares for the confirmation hearings of the new Commissioners, the Open... Read more

Rio Tinto Q3 results show strong production across the portfolio

Multinational mining company, Rio Tinto, has releases its third quarter 2025 production results showing... Read more

Robe River JV to invest $733m to extend Western Australia iron ore mine

Rio Tinto, Mitsui and Nippon Steel will invest $733 million1 (Rio Tinto share $389 million) to develop... Read more

Cargill deploys AI robot dog 'Spot' to enhance safety, reliability and innovation

Cargill has introduced Boston Dynamics’ four-legged robot, Spot, at its Amsterdam Multiseed crush... Read more

Holcim strengthens West Australia presence with BGC acquisition

Holcim Australia has announced that Cement Australia (CA) - its joint venture with Heidelberg Materials... Read more