Made in Minnesota - www.ussteel.com
Made in Minnesota
At U. S. Steel, we believe our business thrives when we are actively engaged and involved in the communities where we make steel.
At U. S. Steel, we firmly believe that we are only as strong as the communities that we live and work in, and we deeply value our relationship with Minnesota.
Over the years, U. S. Steel’s presence in Minnesota and the significant state and local tax contributions we’ve made there have helped make it a better place to live, work, and raise a family. Our commitment to job creation has created thousands of employment opportunities and continues to prepare future generations for the jobs of tomorrow. Discover the many positive contributions U. S. Steel is making in the region in the Minnesota Economic Impact Study.
Spotlight
U. S. Steel leadership and employees, elected officials including Minnesota Governor Tim Walz, and key partners gathered in Keewatin, Minnesota, to celebrate our company’s $150 million investment in direct reduced-grade (DR-grade) pellet capabilities at our Minnesota Ore Operations Keetac facility.
The investment capitalizes on a key competitive advantage – our iron ore assets and operations – and marks a step forward in U. S. Steel's metallics strategy. Upon completion, U. S. Steel will be able to supply the increasingly tight DR-grade pellet market while also gaining the flexibility to feed a potential future direct reduced iron (DRI) / hot briquetted iron (HBI) facility. DRI and HBI are important metallics inputs for electric arc furnaces (EAFs).
U. S. Steel officially broke ground on this project in the third quarter of 2022, and the facility is expected to be operational in late 2023 with first pellets produced in 2024.
2022
At A Glance:
Employment:
More than 1800 employees
Annual payroll:
$252 million
Annual Taxes:
$96.7 Million
Suppliers:
$809 million to 439 Minnesota suppliers
IN THE COMMUNITY