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United States Steel Corp. announced an exploratory site selection process to build a new 3-million-ton flat-rolled minimill in the United States. The planned minimill will combine two state-of-the-art electric-arc furnaces (EAFs) with differentiated steelmaking and finishing technology, including purchased equipment already owned by the company. The continued adoption of minimill technology will expand U.S. Steel’s ability to produce the next generation of proprietary sustainable steel solutions, including advanced high-strength steels (AHSS). Potential locations include states in which the company has existing EAF operations and greenfield sites. The current estimated investment is approximately $3 billion.
Maybe a half a dozen times in my life I have learned something that, in a minute, totally transformed and rearranged everything I thought I knew about a subject that I thought I had previously understood.
