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
(Bloomberg) -- United States Steel Corp. accused rival Cleveland-Cliffs Inc. of conducing a “misinformation campaign” as the growing animosity between the two American steelmakers descended into a public war of words on Tuesday.Most Read from BloombergOne Dead After Singapore Air Flight Hit By Severe Turbulence‘It Felt Like We Had Crashed’: Singapore Air Passenger Describes Turbulence TerrorBarclays Managers Warn Some Staff to Prepare for Five Days a Week in OfficeNew York, London Top New Rankin
PITTSBURGH, May 21, 2024--The Board of Directors of U. S. Steel (NYSE: X) today published a letter in response to the "long-running misinformation campaign" regarding the pending all-cash transaction with Nippon Steel Corporation (NSC).