South Carolina-based JM Steel reported it will be substantially expanding its footprint as a result of Steel Dynamics, Inc, an Indiana-based steel producer, inviting it to be part of their newest flat roll steel mill located in Sinton, Texas.
Steel Dynamics will operate an approximately $1.9 billion steel mill in Sinton, expected to produce an estimated 3 million tons per year of flat roll steel using electric arc furnace technology.
“The new mill will target an estimated 27 million tons of regional market place driven by manufacturing, automotive, construction, transportation, and energy markets. The new Sinton mill will have an estimated annual capacity of 3.0 million tons, and boast "Next Generation" electric - arc- furnace (EAF) technology,” JM Steel officials reported.
“JM Steel's facility has plans to include three slitting lines capable of producing 30,000 tons of steel a month. Our first line will have capabilities of .500" x 84" @ 80,000 psi, with thickness ranging from .050" - .500". The slitter will be able to handle 105,000 lbs max coil weights and run up to 400 fpm. With these characteristics JM Steel will have the largest, most capable slitter in the United States.”
“The plant and the slitter will be operational by June 30th, 2021,” officials said. “Plans in years three and four include lighter gauge slitter capabilities and additional value added services like laser cutting and press braking capabilities. The new facility will also boast two roll forming lines and a stamping press capable of producing 260,000 bolts per month to serve mining markets located in Mexico, Honduras, Costa Rica, Chile and Peru. The new location gives JM Steel Sinton excellent export opportunities to supplement its core ground control business of JENNMAR.”