The Pittsburgh-based United States Steel Corp. business unit of Nippon Steel Corp. (NSC) has announced a planned capital investment of up to $2.5 billion at the Mon Valley Works steelmaking complex in Braddock, Pennsylvania.
The investment includes the construction of a new hot strip Mmill at the Mon Valley Works Edgar Thomson Plant in Braddock. The new facility would replace an 87-year-old hot strip mill at the nearby Irvin Plant, which is slated for decommissioning as part of the modernization effort.
U.S. Steel says the new hot strip mill has been designed to deliver improved yield, reduced energy consumption and enhanced product quality while expanding the range of steel products Mon Valley Works can produce for automotive and other high-value markets…