U.S. Steel Plans Nearly $3 Billion Hot Strip Mill Investment
U.S. Steel plans to invest nearly $3 billion in a new hot strip mill at its plant near Pittsburgh, replacing aging equipment with modern steelmaking technology.
By Kelly CloonanU.S. Steel plans to invest nearly $3 billion in a new hot strip mill at its plant near Pittsburgh.U.S. Steel, which is owned by Tokyo-based Nippon Steel, said the investment will replace aging equipment with modern steelmaking technology, increasing annual production capacity to abo…