Fact-check · Sep 28, 2026 · Donald Trump
“More than 4,000,000 tons of new crude steelmaking capacity is expected to become operational in less than two years”
TRUE
What the record shows
Nucor's West Virginia sheet mill (3M tpy, early 2027) and US Steel's Big River 2 EAF (3M tpy, end 2026) together exceed 4M tons. S&P Global reports US invested 8-9M mt in new capacity overall. Hyundai-POSCO (2.7M tpy) scheduled for 2029, outside two-year window.
Sources
- Steelmakers in US maintain steady output - Recycling Today
- U.S. Steel Manufacturers Plan Near-Term Capacity Additions
- US steel HRC supply fears get 'no comment’ from mills, legislators - Fastmarkets
- U.S. Steelmakers Set to Add, Improve Capacity in Third Quarter
- Latest developments in steelmaking capacity and outlook ...
- United States Steel Production
From: President Trump Makes an Announcement, Sep. 28, 2026
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