Factory/PlantSteel & metalsOverseas

Kyoei Steel raises Vinton Steel (US) mill investment to $437 million

Kyoei SteelVinton area, TexasPublished Jul 31, 2026

Investment$437M

PhaseUnder construction

StartJul 2026

Completion—

Kyoei Steel revised the planned investment in Vinton Steel's Texas melt shop and rolling-mill upgrade from $327 million to $437 million, citing higher material, logistics and construction costs. The new melt shop is planned for 360,000 net tons a year. Construction started in July 2026; melt-shop operations are targeted for July 2027 and integrated commercial production for October 2027. The company describes its planned direct billet transfer welding and rolling process as a world first.

Project facts

Owner: Kyoei Steel
Listing: 5440 Tokyo
Facility: Factory/Plant
Sector: Steel & metals
Location: Vinton area, Texas (overseas)
Investment: $437M — total, revised upward from $327 million
Scale / capacity: 360,000 net tons/year
Contractor: Techint Engineering & Construction (engineering and construction management)
Equipment / vendor: Tenova (steelmaking facility), Pomini Long Rolling Mills (rolling equipment)
Construction start: Jul 2026
Announced: Jul 31, 2026

Figures and schedules are as announced by the company or the public body concerned; plans can change. Amounts that were not disclosed are recorded as not disclosed, never estimated.

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