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U.S. Steel (X) launches a $150 million DR-grade pellet production facility at the Keetac Plant in Minnesota, creating jobs and enhancing market adaptability.
KEEWATIN, Minn., May 23, 2024--U. S. Steel (NYSE: X) ("U. S. Steel") today celebrated the launch and operational readiness of its direct reduced (DR)-grade pellet production facility at its Minnesota Ore Operations-Keetac Plant. Having already confirmed the first shipment of DR-grade pellets, the Keetac facility is on track to deliver approximately four million tons of pellets annually. The $150 million investment marks a step forward in U. S. Steel’s metallics strategy by supplying the increasi