Vinton Steel to Invest $327 Million in Expanded Rebar Mill Capacity to 360,000 ST/Yr by 2027
Vinton Steel will invest $327 million to expand its Texas electric arc furnace rebar mill capacity to 360,000 short tons per year by March 2027. The plan, announced by parent company Kyoei Steel, includes a new melt shop and an upgraded rolling mill, with construction set to begin in April 2026 and operations expected by October 2027. The increased investment reflects rising U.S. import tariffs and inflationary pressures on materials and construction costs.
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Vinton Steel plans to expand its Texas electric arc furnace rebar mill to a capacity of 360,000 short tons per year by March 2027. The parent company, Kyoei Steel, announced an expanded investment plan on January 16, which includes a new melt shop and an upgraded rolling mill, both 30,000 short tons per year larger than previously announced.
Construction is set to start in April 2026, with the projects expected to be operational by October 2027. The total investment is projected at $327 million, $72 million more than initially planned due to U.S. import tariffs and inflationary pressures affecting material and construction costs.
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