JSW Steel USA, a subsidiary of JSW Steel, plans to invest $110 million in steel plate mill modernization projects with sustainable technology and new equipment within its manufacturing facilities in Baytown, Texas.

These investments, says the company, will enable the production of high-quality monopile steel slabs to support the US Administration’s new actions to expand offshore wind energy by deploying 30 gigawatts (GW) of offshore wind by 2030, enough to power 10 million homes with clean energy.

''The new investments at our Baytown, Texas facility reinforce JSW USA’s commitment to a sustainable and green future.''

Parth Jindal, director of JSW Steel USA

Commenting on the new investments, Parth Jindal, director of JSW Steel USA said, “The new investments at our Baytown, Texas facility reinforce JSW USA’s commitment to a sustainable and green future. The new upgrades at our plate mill support the long term ESG initiative of JSW USA and support decarbonization of the energy spectrum in the United States of America. The new investments will enable us to progressively deliver high quality steel products while further defining our niche markets through a Made in America specialty steel portfolio. These investments have the potential to significantly reduce US import reliance in the infrastructure and renewable energy sectors.”

“JSW's continued investment in its Baytown facility and enduring partnership with the state of Texas reflects the company's ethos of 'Better Every Day.''

Rob Simon, CEO of JSW Steel USA

Rob Simon, CEO of JSW Steel USA, added: “JSW's continued investment in its Baytown facility and enduring partnership with the state of Texas reflects the company's ethos of 'Better Every Day.' By supplying the critical high-grade steel products for US offshore wind deployment, JSW is committed to a cleaner, greener, and better tomorrow. I am proud to announce this investment, as a reflection of the longlasting relationship between the US and India in this critical industry.’’

Through these proposed investments, JSW USA hopes to enhance its domestic manufacturing capabilities for end-use within the renewable energy and infrastructure sectors. The portfolio expansion will also support the expanded development of the domestic renewable energy market by increasing JSW USA’s service capacity towards its customers within the offshore wind market. The new projects are expected to be completed and commissioned by 2026.