Key Takeaways
- New U.S. steelmaking capacity in the five-year pipeline now spans four distinct stages, from mills already ramping to projects with no confirmed site, and the combined tonnage across those stages is tallied inside.
- Two recently announced entrants, I-ONE Steel in Texas and Fornax Industries on the Gulf Coast, joined the Mesabi Metallics Iowa plan in proposing DRI-EAF flat-rolled complexes, and their disclosed figures differ sharply in detail.
- The product mix of the new capacity is uneven: sheet and automotive grades dominate the flat-rolled side, rebar dominates the long side, and plate and Electrical Steel appear in only a handful of plans.
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