Construction of these facilities is expected to take 18 months and will generate approximately 900 temporary construction jobs at its peak. When completed, these facilities are expected to create 88 full-time jobs while enhancing the long-term viability of the U. S. Steel Granite City Works.
"Our more than 2,000 dedicated employees and their predecessors have made
this facility a key contributor to the local economy for more than 100 years,
while supplying high-quality flat-rolled carbon sheet steel to the
construction, container, pipe and tube, service center, and electrical
industries. This significant new investment demonstrates U. S. Steel's
commitment to environmental stewardship, highlights our commitment to
The new coke facility will use SunCoke Energy's proven low-emission technology to process coal into coke, a key ingredient in steelmaking. The technology has been recognized by the U.S. Environmental Protection Agency as setting the standard for coal processing ovens. The energy generated in the coke making process will be used in a cogeneration plant that will provide electricity to Granite City Works.
U. S. Steel and SunCoke Energy worked closely with environmental stakeholders to establish a number of benchmarks to further demonstrate our joint commitment to environmental stewardship. Both companies will go beyond compliance by taking additional steps to monitor and reduce emissions at existing facilities. The companies will also create a trust fund for area projects that promote environmental conservancy.
Among those participating in the groundbreaking ceremony were
This release contains forward-looking statements concerning the
construction of a coke facility and a cogeneration facility. The timing, cost
and ultimate capability and employment potential of the facilities are subject
to several conditions including, among others, the terms of construction
contracts, availability of materials, possible construction problems or
delays, demand for steel products as it impacts operations at Granite City
Works, general economic conditions and the financial condition of U. S. Steel
and Gateway. In accordance with "safe harbor" provisions of the Private
Securities Litigation Act of 1995, cautionary statements identifying important
factors, but not necessarily all factors, that could cause actual results to
differ materially from those set forth in the forward-looking statements have
been included in the Form 10-K of U. S. Steel for the year ended
For more information about U. S. Steel, visit http://www.ussteel.com.
For more information about SunCoke Energy Incorporated, visit http://www.suncoke.com.
SOURCE United States Steel Corporation