MN: United States Steel to Restart Keetac Plant, Call Back Employees
3 Jan, 2017
United States Steel Corporation announced 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, Minnesota. Employee callbacks at Keetac will begin early this month, 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, Pennesylvania, 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.