U.S. Steel Announces $1 Billion Of Investments
United States Steel Corporation announced May 2 that it will invest more than $1 billion to construct a new sustainable endless casting and rolling facility at its Edgar Thomson Plant in Braddock, Pa., and a cogeneration facility at its Clairton Plant in Clairton, Pa.
Both barge-served facilities are part of the company’s Mon Valley Works, and both are located on the Monongahela River upstream of Pittsburgh, Pa.
The company said the cutting-edge endless casting and rolling technology combines thin slab casting and hot rolled band production into one continuous process and will make Mon Valley Works the first facility of this type in the United States, and one of only a handful in the world.
“This is a truly transformational investment for U.S. Steel. We are combining our integrated steelmaking process with industry-leading endless casting and rolling to reinvest in steelmaking and secure the future for a new generation of steelworkers in Western Pennsylvania and the Mon Valley,” said David B. Burritt, president and CEO of U.S. Steel.
With this investment, Mon Valley Works will become the principal source of substrate for the production of the company’s XG3 Advanced High Strength Steel (AHSS) that assists automotive customers in meeting fuel efficiency standards. First coil production is expected in 2022, contingent upon permitting and construction.
As part of the project, U.S. Steel will also include construction of a new cogeneration facility, equipped with state-of-the-art emissions control systems at its Clairton Plant, to convert a portion of the coke oven gas generated at its Clairton Plant into electricity to power the steelmaking and finishing facilities throughout U.S. Steel’s Mon Valley operations.
Once completed, the new advanced steelmaking technology and state-of-the-art cogeneration facilities will incorporate the best available control technologies.
The company said the investments should result in significant reductions in emissions compared to the existing facilities to be replaced.