Industry Intelligence

Steel

American steelmakers are building a new generation of electric-arc-furnace mills alongside expanded sheet, plate, rebar and coating lines. Nucor, U.S. Steel, Cleveland-Cliffs, Steel Dynamics, CMC, BlueScope and Hyundai Steel are adding capacity for automakers, construction and grid infrastructure across the industrial Midwest, Southeast and Southwest.

Projects
17
Investment
$20.38B
Jobs
5,695
Companies
8
States
12
Geographic Distribution

Projects across the country

Top investing states

Steel by state

  1. Louisiana
    $5.80B
    1 proj · 1,300 jobs
  2. West Virginia
    $3.55B
    2 proj · 1,030 jobs
  3. Arkansas
    $3.00B
    1 proj · 900 jobs
  4. Kentucky
    $2.35B
    2 proj · 470 jobs
  5. Texas
    $2.20B
    1 proj · 600 jobs
  6. Ohio
    $2.13B
    3 proj · 270 jobs
  7. South Carolina
    $425.0M
    1 proj · 50 jobs
  8. Arizona
    $400.0M
    2 proj · 325 jobs
  9. North Carolina
    $350.0M
    1 proj · 200 jobs
  10. Alabama
    $125.0M
    1 proj · 200 jobs
  11. Maryland
    $50.0M
    1 proj · 150 jobs
  12. Indiana
    1 proj · 200 jobs
Top companies

By announced investment

  1. Nucor
    $6.45B
    8 proj · 2,060 jobs
  2. Hyundai Steel
    $5.80B
    1 proj · 1,300 jobs
  3. US Steel
    $3.00B
    1 proj · 900 jobs
  4. Steel Dynamics
    $2.20B
    1 proj · 600 jobs
  5. Cleveland-Cliffs
    $1.30B
    1 proj · 170 jobs
  6. BlueScope
    $830.0M
    2 proj · 100 jobs
  7. Commercial Metals Company
    $750.0M
    2 proj · 415 jobs
  8. JD Fields
    $50.0M
    1 proj · 150 jobs
Every tracked project

Steel ledger · 17

  • JD Fields (HDM Spiralweld Mill)
    Steel
    Sparrows Point, Maryland
    $50.0M
    150 jobs
    PlanningAnnounced Sep 16, 2025
  • Hyundai Steel
    Steel
    Donaldsonville, Louisiana
    $5.80B
    1,300 jobs
    PlanningAnnounced Mar 24, 2025
  • BlueScope
    Steel
    Delta, Ohio
    $130.0M
    jobs
    Under ConstructionAnnounced Aug 19, 2024
  • Cleveland-Cliffs
    Steel
    Middletown, Ohio
    $1.30B
    170 jobs
    PlanningAnnounced Mar 28, 2024
  • Nucor (Towers & Structures)
    Steel
    Crawfordsville, Indiana
    200 jobs
    Under ConstructionAnnounced Jun 14, 2023
  • Nucor (Towers & Structures)
    Steel
    Decatur, Alabama
    $125.0M
    200 jobs
    Under ConstructionAnnounced Feb 22, 2023
  • Commercial Metals Company
    Steel
    Berkeley County, West Virginia
    $450.0M
    230 jobs
    Under ConstructionAnnounced Dec 8, 2022
  • Nucor
    Steel
    Huger, South Carolina
    $425.0M
    50 jobs
    Under ConstructionAnnounced Sep 28, 2022
  • Nucor
    Steel
    Kingman, Arizona
    $100.0M
    140 jobs
    Under ConstructionAnnounced Aug 3, 2022
  • Nucor
    Steel
    Lexington, North Carolina
    $350.0M
    200 jobs
    OperationalAnnounced Apr 7, 2022
  • Nucor
    Steel
    Mason County, West Virginia
    $3.10B
    800 jobs
    Under ConstructionAnnounced Jan 26, 2022
  • US Steel (Big River Steel 2)
    Steel
    Osceola, Arkansas
    $3.00B
    900 jobs
    OperationalAnnounced Jan 11, 2022
  • Commercial Metals Company
    Steel
    Mesa, Arizona
    $300.0M
    185 jobs
    OperationalAnnounced Aug 14, 2020
  • Steel Dynamics
    Steel
    Sinton, Texas
    $2.20B
    600 jobs
    OperationalAnnounced Sep 26, 2019
  • BlueScope
    Steel
    Delta, Ohio
    $700.0M
    100 jobs
    OperationalAnnounced Aug 15, 2019
  • Nucor
    Steel
    Brandenburg, Kentucky
    $1.70B
    400 jobs
    OperationalAnnounced Mar 27, 2019
  • Nucor
    Steel
    Ghent, Kentucky
    $650.0M
    70 jobs
    OperationalAnnounced Sep 7, 2018