BlueScope announces BlueScope Board approval of a $415 million expansion of metal coating capacity at its Erskine Park, NSW site.
As one of BlueScope’s previously stated ‘future investment priorities’, the additional metal coating line (MCL7) will have capacity to produce up to 240ktpa of BlueScope’s value-added, metal coated products, such as ZINCALUME® steel, TRUECORE® steel and feed for the Company’s COLORBOND® steel products.
Meeting Growing Demand of Steel Building Products
The project, which is subject to NSW Government planning approval, is expected to be fully commissioned and operational by the end of calendar year 2025, with a total capital cost of $415 million – up on prior expectations due to further development in the scope of the project and general inflationary pressures.
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This significant investment in Australian manufacturing will better enable us to meet our customers’ growing demand for steel building and construction products – in particular, TRUECORE® steel light gauge steel framing and feed for COLORBOND® steel for roofing and walling applications,” said Mark Vassella, managing director & chief executive officer, BlueScope.
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The additional metal coated production capacity will also give us greater capability and enhanced flexibility to deliver the levels of service that our customers expect of us,” added Vassella.
Source: BlueScope