icon

US Steel - Latest news GMK Center

Photo – Midrex is to build a DRI production plant for US Steel
Midrex is to build a DRI production plant for US Steel

Production is scheduled to start in 2029

Photo – Nippon Steel forecasts steady growth in the US market
Nippon Steel forecasts steady growth in the US market

The company is also seeking to accelerate reforms at US Steel

Photo – US Steel is investing $1.9 billion in a DRI production plant in Arkansas
US Steel is investing $1.9 billion in a DRI production plant in Arkansas

The products will be intended for the electric arc furnaces at the Big River Steel Works

Photo – Excess supply due to Chinese exports coming to an end – CFO Nippon Steel
Excess supply due to Chinese exports coming to an end – CFO Nippon Steel

The company's CFO sees no need to reduce US Steel's capacity

Photo – US Steel to modernize blast furnace at Gary Works
US Steel to modernize blast furnace at Gary Works

Board of Directors approves $350 million project funding

Photo – US Steel restarts blast furnace in Granite City amid rising demand
US Steel restarts blast furnace in Granite City amid rising demand

Following its merger with Nippon Steel, the company resumes production and hires 400 employee

Photo – US Steel plans to build a DRI plant in Arkansas
US Steel plans to build a DRI plant in Arkansas

The company will use Minnesota Ore DR rollers

Photo – US Steel presented an $11 billion investment plan in partnership with Nippon Steel
US Steel presented an $11 billion investment plan in partnership with Nippon Steel

The parties identified measures to improve operational efficiency through the use of Nippon technologies in the United States

Photo – Nippon Steel plans to double steel production in the US in 5 years – CEO
Nippon Steel plans to double steel production in the US in 5 years – CEO

The Japanese company also intends to improve US Steel's product range

Photo – Nippon Steel to raise $5.6 billion to finance deal with U.S. Steel
Nippon Steel to raise $5.6 billion to finance deal with U.S. Steel

The Japanese company will receive two subordinated loans to repay loans and partially finance the $14.9 billion deal

Photo – Nippon Steel closes deal to buy US Steel
Nippon Steel closes deal to buy US Steel

Japanese company sees no risk to management plans due to US golden share

Photo – Trump approves $14.9 billion takeover of US Steel by Japan’s Nippon Steel
Trump approves $14.9 billion takeover of US Steel by Japan’s Nippon Steel

Japanese steelmaker's investors weigh acquisition benefits against future costs

1 2 3 5