US Steel to Make $150 Million Investment in Iron Range Operations

By Mike Hughlett
From Star Tribune
U.S. Steel plans to invest $150 million in a new Iron Range facility that would make taconite pellets tailored for electric arc steel mills.
The Pittsburgh-based company said Tuesday it plans to break ground this fall on the facility, which will be located at one of its two taconite plants, either Minntac in Mountain Iron or Keetac in Keewatin.
At the same time, U.S. Steel has proposed selling its Granite City, Ill., steel mill to SunCoke Energy, which would then build an on-site pig iron facility. The new pig iron plant in Illinois would essentially consume the new type of taconite pellets that U.S. Steel intends to produce in Minnesota…. Source

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