PITTSBURGH–(BUSINESS WIRE)–At its final meeting of the year, U. S. Steel’s Board of Directors approved the funding for the full $350 million Gary Works blast furnacePITTSBURGH–(BUSINESS WIRE)–At its final meeting of the year, U. S. Steel’s Board of Directors approved the funding for the full $350 million Gary Works blast furnace

U. S. Steel Makes Strategic Progress on Indiana Projects Backed by Nippon Steel Partnership

PITTSBURGH–(BUSINESS WIRE)–At its final meeting of the year, U. S. Steel’s Board of Directors approved the funding for the full $350 million Gary Works blast furnace reline project. Relining Blast Furnace #14 is critical maintenance needed to allow Gary Works to continue to meet customer commitments and ensures the long-term iron making capabilities and capacities at Gary Works. Blast Furnace #14, the largest of four at Gary Works, produces iron for high-strength steel used in everything from cars to buildings, using iron ore pellets from its Minnesota Ore facilities.

Major investments in upgrades at the hot strip mill, where steel slabs are converted to coils, and the steel shop, where iron is converted to steel, continue to advance. Those upgrades are expected to cost roughly $200 million. U. S. Steel is working with the Indiana Department of Environmental Management to secure necessary permits for those upgrades, submitting its air permit and stormwater construction plans in December. These projects and collection of investments, once operational, will enhance steelmaking capabilities, improve competitiveness, and increase capacity.

“Each milestone represents tangible progress on our mission to invest billions in the future of American steelmaking,” said David B. Burritt, President and CEO of U. S. Steel. “These Gary Works projects will fuel American manufacturing and expand opportunities for Hoosiers. From the iron range to the finishing lines, these projects are the definition of investing in steel mined, melted and made in America.”

These advancements build on strong momentum across U. S. Steel, supported by Nippon Steel’s advanced technology and commitment to invest $11 billion by the end of 2028. Shared technical expertise is accelerating key upgrades and reinforcing capabilities that customers rely on nationwide.

About U. S. Steel

Founded in 1901, U. S. Steel delivers profitable and sustainable steel solutions. Propelled by its talented employees and an unwavering focus on safety, U. S. Steel serves the automotive, construction, appliance, energy, containers, and packaging industries with high value-added steel products. Steel production begins with our competitively advantaged iron ore production capabilities which fuel our integrated steelmaking facilities and investments in electric arc furnaces. To help our customers create the best products with the fewest emissions, we are committed to reaching net-zero greenhouse gas emissions by 2050. U. S. Steel is at the forefront of creating steels that are stronger, lighter, and better for the environment. This includes our proprietary XG3® advanced high-strength steel, verdeX® steel produced with 70-80% lower CO2 emissions with a recycled content of up to 90%, and ultra-thin lightweight InduX™ steel for electric vehicles, generators, and transformers. U. S. Steel maintains operations across the United States and in Central Europe and is headquartered in Pittsburgh, Pennsylvania. For more information, please visit www.ussteel.com and follow U. S. Steel on LinkedIn, Instagram, Facebook, and X.

Contacts

U. S. Steel Media Relations

T – (412) 433-1300

E – media@uss.com

Market Opportunity
Union Logo
Union Price(U)
$0,002857
$0,002857$0,002857
-%0,17
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

SOL Moves Sideways While Ozak AI Token Targets Life-Changing Gains for Presale Investors

SOL Moves Sideways While Ozak AI Token Targets Life-Changing Gains for Presale Investors

The post SOL Moves Sideways While Ozak AI Token Targets Life-Changing Gains for Presale Investors appeared on BitcoinEthereumNews.com. In the world of crypto, two tokens are making waves, albeit with different trajectories. While Solana (SOL) continues to move sideways, the Ozak AI token is gaining significant momentum with impressive presale results. With Ozak AI’s presale showing growth of over 1,100%, investors are eyeing substantial returns as the presale progresses. Ozak AI Presale Performance: Rapid Growth and Strong Fundamentals The Ozak AI token is in Phase 6 of its presale, with the price fixed at $0.012. The project has made remarkable strides, seeing its token grow by more than 1,100% since the beginning of the event. Over 905 million tokens have been sold, raising over $3.2 million. As the presale moves forward, the next price increase will take the token to $0.014, requiring a minimum investment of $100. Ozak AI has a total supply of 10 billion tokens, with 30% allocated to presale. Other allocations include ecosystem incentives, reserves, liquidity, and the project team. The distributions support both growth and sustainability, ensuring a balanced supply for adoption and development. Key Features and Partnerships Supporting Ozak AI’s Growth Ozak AI offers significant value beyond just speculation. The platform utilizes machine learning with decentralized networks to provide predictive analytics for financial markets. Ozak AI offers real-time data feeds, customizable prediction agents, and decentralized applications (dApps) to users. The integration of the Ozak AI Rewards Hub adds a unique feature to the platform, where users can participate in staking, governance, and rewards. This initiative also raises awareness about the presale success. Ozak AI has partnered with various leading platforms. Pyth Network enhances the reliability of its predictive models and provides accurate financial data across blockchains. Additionally, Dex3’s liquidity solutions improve the platform’s trading experience, enabling seamless transactions. The integration of Weblume’s no-code tools and the SINT protocol for one-click AI upgrades makes…
Share
BitcoinEthereumNews2025/09/18 23:49
Metaplanet Sets Up Shop In Miami As Stock Price Slumps

Metaplanet Sets Up Shop In Miami As Stock Price Slumps

Metaplanet has set up a subsidiary in Miami as it attempts to scale its Bitcoin income and derivatives operations. The US subsidiary will be called Metaplanet Income Corp.
Share
Cryptodaily2025/09/18 23:01
Upbit And Bithumb See 60% December Crash

Upbit And Bithumb See 60% December Crash

The post Upbit And Bithumb See 60% December Crash appeared on BitcoinEthereumNews.com. Cryptocurrency Trading Volume Plummets: Upbit And Bithumb See 60% December
Share
BitcoinEthereumNews2025/12/23 11:25