PITTSBURGH, Dec. 29, 2016 /PRNewswire/ -- United States Steel
Corporation (NYSE: X) announced today it has reached agreements to
supply iron ore pellets to third-party customers.
U. S. Steel will adjust its iron ore pellet production in order
to take full advantage of these business opportunities.
Included in the adjustments is a restart of the Keetac Plant in
Keewatin, Minn. Employee callbacks at Keetac will begin in
early January 2017, and the company
anticipates production will begin in March
2017.
The Keetac Plant, which has an annual production capacity of
approximately six million net tons, has been temporarily idled
since May 2015 due to global
influences in the market, including high levels of imported steel
products, unfair trade and reduced steel prices.
United States Steel Corporation, headquartered in Pittsburgh, Pa., is a leading integrated steel
producer and Fortune 250 company with major operations in
the United States and Central
Europe. For more information about U. S. Steel, please visit
www.ussteel.com.
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SOURCE United States Steel Corporation