(File Photo: Source for Photo: FILE – United States Steel’s Edgar Thomson Plant in Braddock, Pa. is shown on Feb. 26, 2019. U.S. Steel, the Pittsburgh steel producer that played a key role in the nation’s industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion. The transaction is worth about $14.9 billion when including the assumption of debt. Nippon, which will pay $55 per share for U.S. Steel, said Monday, Dec. 18, 2023 that the deal will bolster its manufacturing and technology capabilities. (AP Photo/Gene J. Puskar, File)
Noah Haswell, Beaver County Radio News
(Braddock, PA) According to U.S. Steel recently, it received the permit it needed from the Allegheny County Health Department to begin work on a $100 million slag recycler at their Edgar Thomson Steel Works plant in Braddock. The new slag recycler is part of the over $11 billion investment into U.S. Steel by Nippon Steel, which was made possible by the $14.1 billion acquisition last June. This is separate from the $1 billion hot strip mill that U.S. Steel will build at the Edgar Thomson Works in the coming years. U.S. Steel also stated: “The slag recycler is the first U.S. Steel-Mon Valley Works project to receive regulatory approval after the company’s historic partnership with Nippon Steel.”

