U.S. Steel Restarting Construction in Alabama
By Metal Center News Staff
on Feb 11, 2019
United States Steel Corp. has restarted construction of its electric arc furnace steelmaking facility at its Tubular Operations in Fairfield, Ala. The company previously started construction in March 2015, but suspended work in December due to unfavorable market conditions.
“We are pleased to announce the achievement of the market and performance stage gates required to restart our Tubular Segment EAF. This investment is an important step to improve our cost structure and positions our Tubular business to win over the long-term,” said President and CEO David B. Burritt.
The investment to complete the EAF, which includes modernization of the existing rounds caster, is expected to be approximately $215 million. The EAF will have an annual capacity of 1.6 million tons. Construction is expected to begin immediately and the furnace is expected to produce steel rounds in the second half of 2020.
“Thanks to the President’s strong trade actions and improved market conditions, support from the United Steelworkers and incentives from the State of Alabama and the Jefferson County Commission, we are excited to add EAF capabilities to our company’s footprint and provide sustainable tubular solutions for our customers.” Buritt said.