Mumbai-based JSW Steel Ltd announced that its offshore unit, JSW Steel USA, will invest $145 million in new projects to upgrade its manufacturing operations at Mingo Junction, Ohio.
Don Graves, Deputy Secretary of Commerce, joined the JSW Steel and Jobs Ohio team for the investment announcement at the SelectUSA Summit 2023.
“These investments & projects will help us in producing high quality ‘melted and manufactured in USA’ steel products required by our customers in the infrastructure and renewable energy sectors,” said Parth Jindal, director of JSW Steel USA.
Jindal added that these new investments reiterate JSW’s commitment to a sustainable and green future. The operational upgrades being made in the U.S. are a progressive step toward achieving the company’s long-term Environmental, Social, and Governance (ESG) goals.
The company said in a statement that this was in alignment with President Biden’s Administration’s “Buy America policies.”
CFO Samir Kalra, noted that the investments will ‘improve domestic slab production capabilities, mitigating import-related risks, boosting profitability, and creating employment opportunities in the U.S.’
The planned investments include the installation of one of the world’s largest Vacuum Tank Degassers (VTD) as well as upgrades to supporting facilities and manufacturing infrastructure. The VTD will help reduce carbon emissions and hydrogen content in steel products through electrification of metallurgical processes. The upgrades will also expand the company’s ‘Made in USA’ product portfolio and replace steel imports.
JSW Steel USA expects to complete and commission the projects by 2026.
Last updated: December 26th, 2025
