Japan-based Kyoei Steel has announced plans to further expand the capacity of its U.S. subsidiary Vinton Steel LLC, reinforcing its production footprint in the United States. Under the expansion plan, annual steel production capacity will be increased to 360,000 short tons (an increase of 30,000 short tons), while rolling mill capacity will also be raised to 360,000 short tons (an increase of 40,000 short tons).
The project includes the supply of new equipment from Tenova as well as rolling mill upgrades to be carried out by Pomini. Kyoei Steel stated that the expansion aims to improve production efficiency and operational stability, while strengthening Vinton Steel’s profitability.
The company acknowledged that inflation, higher material and construction costs, and reciprocal tariffs have pushed the investment cost above initial estimates.
As a result, the total project investment is expected to rise by USD 72 million to approximately USD 327 million. Construction is scheduled to begin in April 2026, with the new melting facility set to come on stream in March 2027, and fully integrated production planned for October 2027.
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