U.S. Steel announces plans for Construction Of Electric Arc Furnace and Tubular Products Coupling Facility in Jefferson County, Alabama with investment of $277.5 million.
The Electric Arc Furnace is part of the company's larger transformation, The Carnegie Way, in which a large number of initiatives to improve the company's customer intimacy, operating flexibility, cost structure and raw materials position are being implemented. The tubular coupling facility is an integral part of the company's plan to develop and manufacture oil country tubular goods (OCTG) products with premium connections.
The facility will feature four coupling cells to manufacture couplings for all of U. S. Steel's premium connections, including USS Liberty FJM®, USS-Patriot EBM™ and USS-Patriot TC™ connections, for customers in the energy industry. The construction project will be a significant investment into Jefferson County, create approximately 650 temporary construction jobs over the course of both projects and ensure the future of steelmaking in Alabama.
Construction of the EAF will begin in the second quarter of 2015, with construction expected to be complete in the third quarter of 2016. The construction on the coupling facility is also anticipated to begin in the second quarter of 2015 and is expected to be complete in the first quarter of 2016.
|Company Name||U. S. Steel|
|Loaction||Jefferson County, Alabama|
|Type||Construction Of Electric Arc Furnace & Tubular Products Coupling Facility|
|Estimated Cost||$277.5 million|
|Project Start Year||2015|
|Project End Year||2016|