JSW Steel announces $110m investment in Texas for modernization of steel plate mill

JSW Steel USA, Inc., a subsidiary of India’s leading steel company JSW Steel Ltd., and part of the $24 billion JSW Group, plans to invest $110 million to modernize its steel plate mill in Baytown, Texas. This significant investment aims to produce high-quality monopile steel plates, supporting the U.S. Administration’s initiative to deploy 30 gigawatts (GW) of offshore wind by 2030—enough to power 10 million homes with clean energy.

The investment will enhance the facility’s capabilities to manufacture steel products compliant with the Buy America requirements. These products are essential for various sophisticated applications such as hydrocarbon pipelines, offshore wind towers and platforms, high-density pressure vessels, and more. Announced at the 10th SelectUSA Investment Summit, these upgrades reflect JSW USA’s commitment to supporting the nation’s renewable energy and infrastructure sectors.

Parth Jindal, Director of JSW Steel USA, highlighted the investment’s alignment with the company’s long-term ESG goals and its role in reducing U.S. dependency on imported materials. “These investments reinforce our commitment to a sustainable and green future, progressively delivering high-quality steel products for niche markets,” said Jindal. Rob Simon, CEO of JSW Steel USA, also emphasized the investment as a testament to the enduring partnership between the U.S. and India in the steel industry, aligning with the company’s ethos of ‘Better Everyday.’

These investments will bolster JSW USA’s domestic manufacturing capabilities, particularly for the renewable energy sector. This initiative is part of a broader strategy to expand the “Made In USA” product portfolio, which now includes American-made steel slabs produced at the company’s Mingo Junction, Ohio facility. The Baytown facility’s upgrades are expected to be completed by FY26, following a recent $145 million investment in clean steel manufacturing processes at Mingo Junction.

JSW Steel USA’s investment is a proactive step towards enhancing U.S. manufacturing capabilities in line with national goals for renewable energy. By focusing on high-quality, sustainable production methods, JSW is setting a benchmark in the steel industry for supporting large-scale clean energy initiatives. This move not only secures JSW’s position as a key player in the renewable sector but also contributes significantly to the U.S. energy independence agenda.