Pittsburgh-Based U.S. Steel’s Board of Directors approved $350 million in funding for its Gary Works blast furnace reline project at its last meeting of the year.
The project would reline Blast Furnace #14, which is critical maintenance that is needed for Gary Works to continue meeting customer commitments, the company said. The relining will also ensure the long-term iron making capabilities and capacities at Gary Works, officials said. Blast Furnace #14 is the largest of four furnaces at Gary Work in Gary, IN, and it produces iron for high-strength steel used in everything from cars to buildings.
“Each milestone represents tangible progress on our mission to invest billions in the future of American steelmaking,” said David B. Burritt, President and CEO of U.S. Steel. “These Gary Works projects will fuel American manufacturing and expand opportunities for Hoosiers. From the iron range to the finishing lines, these projects are the definition of investing in steel mined, melted and made in America.”
The company said major investments in upgrades at the mill, where steel slabs are converted to coils, and at the steel shop, where iron is converted to steel, will continue to move forward. The upgrades are expected to reach a cost of approximately $200 million. The company said it is working with the Indiana Department of Environmental Management on securing permits for the upgrades, as well as submitting air permits and stormwater construction plans.
Officials said the projects and investments, once completed and operational, will enhance steelmaking capabilities, improve competitiveness and increase mill capacity. The company said it hopes to build on its momentum and is supported by Nippon Steel’s advanced technology and commitment to invest $11 billion by the end of 2028.