US Steel has approved a $350m project to reline a blast furnace at the Gary Works in Indiana.
The company outlined that relining Blast Furnace #14 is crucial in enabling Gary Works to continue meeting customer commitments and supporting the long-term iron-making capabilities and capacities at the site.
David B. Burritt, CEO of US Steel, said: “Each milestone represents tangible progress on our mission to invest billions in the future of American steelmaking.”
Blast Furnace #14 is the largest of four at Gary Works and produces iron for high-strength steel used in areas such as automobiles and buildings.
US Steel is also progressing in the upgrade of the hot strip mill, with that project set to cost roughly $200m.
Burritt added: “These Gary Works projects will fuel American manufacturing and expand opportunities for Hoosiers [Indiana natives]. From the iron range to the finishing lines, these projects are the definition of investing in steel mined, melted and made in America.”
Nippon Steel, the owner of US Steel, has committed to investing $11 billion into the company by the end of 2028.