Author Topic: $500 million expansion of Baytown steel mill announced  (Read 780 times)

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Offline thackney

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$500 million expansion of Baytown steel mill announced
« on: March 26, 2018, 07:14:28 pm »
$500 million expansion of Baytown steel mill announced
https://www.chron.com/business/energy/article/500-million-expansion-of-Baytown-steel-mill-12781887.php
March 26, 2018

A $500 million expansion of a Baytown steel mill was announced Monday by Gov. Greg Abbott, a move that will add hundreds of new jobs at an average salary of $65,000.

In a conference call with reporters from India, where a week-long Texas trade-development mission is underway, Abbott said the expansion will benefit the oil and gas industry and related businesses statewide....

..."Access to natural gas at extremely economical prices and the abundant availability of scrap steel in Texas make conditions very conducive for manufacturing through the Electric Arc Furnace route," he said. "JSW Steel (USA) Inc. wishes to create a world class fully integrated steel complex that will bring precision manufacturing of high quality steel plate and pipe to Texas, USA."...
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