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Mon Valley Works

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business1 month ago•80 min saved

U.S. Steel vows up to $2.5B to modernize Mon Valley Works with cleaner production

U.S. Steel plans to invest up to $2.5 billion to upgrade its Mon Valley Works in Pennsylvania (Edgar Thomson, Clairton Coke Works, and Irvin) with a focus on newer, lower-emission technologies, though Irvin and Clairton upgrades aren’t specifically listed. The move follows an earlier $1 billion pledge for the site and coincides with broader carbon-reduction efforts like direct reduced iron and carbon capture; the company’s Arkansas Big River Steel project is a separate $3 billion investment. Local officials say the upgrades support jobs and regional climate goals, while the area has faced safety penalties related to Clairton in the past.

via AP News|

#business #clairton-coke-works #edgar-thomson

businesspolitics2 years ago•5 min saved

"US Steel Sale to Nippon Steel Sparks Government Scrutiny and Shift in Mon Valley's Steel Production"

The potential sale of U.S. Steel to Japan-based Nippon Steel Corporation has sparked concerns about the future of steelmaking in the Mon Valley. Some Democratic officeholders, including U.S. Senators Bob Casey and John Fetterman, are urging the deal to be blocked, citing the need to prioritize American manufacturing and national security. However, business analysts suggest that Nippon's ownership may not be detrimental to the Mon Valley Works, as the company has already been transitioning to newer electric arc furnaces. The United Steelworkers preferred an earlier bid by Cleveland Cliffs, an American firm, but industry trends indicate a reckoning is coming for the way steel is made in the region, regardless of the buyer.

via 90.5 WESA|

#businesspolitics #manufacturing #mon-valley-works