Advertisement

U.S. Steel Announces Investment in High-Strength Steel

September 26, 2017 05:39 PM

U.S. Steel and partner Kobe Steel are making a big investment in high-strength steel.

Advertisement – Content Continues Below

On Monday evening, they announced they are going to build a new continuous galvanizing line at PRO-TEC Coating Company in Leipsic, Ohio.

This is in response to the increased demand for high-strength steels.

The new line, according to the company, will cost about $400 million and have a capacity of 500,000 tons a year. 

U.S. Steel said it will utilize a proprietary process, and be capable of coating steel that will help automakers manufacture economically lightweight vehicles, while maintaining exceptionally high safety standards.

CEO and President David Burritt said in a statement, "This line will be the first of its kind and utilizes proprietary technology capable of producing the high-quality, cutting-edge advanced high-strength steels that will meet our automotive customers' needs."

The high strength steel will use steel made by U.S. Steel, which is produced with Iron Range taconite pellets. U.S. Steel owns and operates Minntac and Keetac, and is a partial owner of Hibbing Taconite.


WDIO

Copyright 2017 WDIO-TV LLC, a Hubbard Broadcasting Company. All rights reserved

Advertisement
Advertisement
Relay Media Amp

UPDATE: Dayton Names Tina Smith as Franken Replacement

Democrat Doug Jones Wins Elections to US Senate from Alabama

Duluth Looking for Solutions to Public Golf Troubles

Barnum Elementary School Principal on Paid Administrative Leave

36-Pound Marijuana Bust on the Range

DPD Backs Down on Riot Gear Purchase

Advertisement