According to a media report by Estadao, Ternium Brazil will invest BRL 100 million (USD 17.5 million) to increase the use of scrap for steelmaking. The project foresees the expansion of the existing scrap yard in Santa Cruz, with the construction of a shed and the installation of overhead cranes to optimize the process of separating and using the material. Works are expected to finish in 2023. Ternium Brazil expects to increase the use of scrap in steelmaking by 80%. The use of scrap incorporates metallic iron into the industrial process, replacing part of the consumption of ore. The process would become more efficient and allow for the reduction of CO2 emissions. The investment is part of the company's plan to spend over BRL 700 million by 2030 to increase its operational processes, while also reducing its environmental impact. Ternium Brazil owns a mill in Santa Cruz, Rio de Janeiro state. It was formerly known as Companhia Siderurgica do Atlantica, before Ternium bought it from ThyssenKrupp.