News Room - Steel Industry

Posted on 03 Mar 2022

U.S. Steel to invests $60 million to expand pig iron production capacity

U.S. Steel, an integrated steel producer headquartered in Pittsburgh, Pennsylvania, said that it will invest US$60 million to expand the production capacity of pig iron at its Gary Works in Gary, Indiana.

The production capacity of this plant will be increased to 500,000 tons a year, which will be helpful for the development of electric arc furnaces operations. The expanded production will meet around 50% of Big River Steel's demand for pig iron.

The construction was scheduled to be started in the first half of 2022, and the expected date for the completion was in 2023.     

Source:Yieh