Steel Mills
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/media/k2/items/src/3ad21f6af3a70bb9cf51769e5140e2ea.jpg)
USS to Build $3 Billion EAF Mill
Written by Michael Cowden
September 16, 2021
U.S. Steel plans to build a new, $3 billion minimill with capacity of three million tons per year in the United States.
The new mill will sport two electric-arc furnaces (EAFs) as well as “differentiated” steelmaking and finishing technology, the company said in a press release on Thursday, Sept. 16.
Construction is expected to begin in the first half of 2022 with production slated to start in 2024, the Pittsburgh-based steelmaker said.
U.S. Steel said a site selection process has also been launched.
Potential locations include states where the company already has EAFs – a reference to Big River Steel in Osceola, Ark., and its Fairfield Works in Alabama. Greenfield sites are also under consideration, the company said.
“Permits may be filed in one or more locations,” U.S. Steel Chief Commercial Officer Kenneth E. Jaycox said in a letter to customers. Final site selection will depend on a variety of factors including construction terms, state and local support, swift permitting, energy availability and cost, and logistics infrastructure, a company spokeswoman told SMU.
“Our customers are looking for like-minded partners to continue marching towards a sustainable future,” U.S. Steel President and Chief Executive Officer David B. Burritt said in a statement.
“We are demonstrating our commitment to this shared goal by beginning the process to increase our sustainable steelmaking capability,” he said.
U.S. Steel said the new EAF would help it reduce its greenhouse gas emissions by 20% by 2030 and to be “net zero” on carbon emissions by 2050. The new mill will also make U.S. Steel’s verdeX “sustainable” steel, the company said.
U.S. Steel did not specify which customers it might target. But market participants have told Steel Market Update that automotive customers in particular might increasingly look to source from EAFs given their perceived lower carbon footprint compared to traditional integrated mills.
The steelmaker also said that the new mill would use equipment “already purchased and owned by the company.”
It was not immediately clear on Thursday whether that was a reference to the “endless caster” that had initially been slated for its Mon Valley Works in western Pennsylvania.
By Michael Cowden, Michael@SteelMarketUpdate.com
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2024/02/SMU_MC_headshot-150x150.png)
Michael Cowden
Read more from Michael CowdenLatest in Steel Mills
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/stelco.png)
Steel Summit 2024: Stelco CEO reflects on strategy, growth, and sale to Cleveland-Cliffs
In a candid fireside chat with SMU Senior Analyst/Editor David Schollert, Stelco’s CEO Alan Kestenbaum opened up about Stelco’s pending sale to Cliffs, his business strategy, outlook for the industry, and plans for the future. The chat took place on Tuesday, Aug. 24, at the 2024 SMU Steel Summit in Atlanta.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/AISI.png)
AISI: US steel shipments unchanged in July vs. June, down on-year
Domestic steel shipments remained nearly flat in July month over month but fell from a year earlier.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/white_house.png)
Media reports: Biden could block USS sale on national security concerns
President Joe Biden could block the $15-billion sale of U.S. Steel to Japan's Nippon Steel by citing national security concerns That’s according to reporting in the Washington Post and the Financial Times that was later picked up by the New York Times as well as in wire services.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/US_Steel.png)
USS threatens to cut ‘thousands’ of jobs, move HQ if Nippon sale blocked
U.S. Steel could slash thousands of jobs, shift away from integrated steelmaking, and move its headquarters out of Pittsburgh if its acquisition by Nippon Steel isn’t completed, the company’s top executive said. “We want elected leaders and other key decision makers to recognize the benefits of the deal was well as the unavoidable consequences if the deal fails,” company President and CEO David Burritt said in a statement on Wednesday.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/SSAB.png)
CRU: SSAB to expand Mobile plate mill
SSAB plans to spend $12 million to boost production capacity at its electric-arc furnace (EAF) plate mill in Mobile, Ala. The Sweden-based steelmaker will do that by expanding the existing furnace there. Shot blast equipment will also be upgraded. The expanded capacity is expected to come online late next year. The mill currently has an […]