US Steel moving forward with ARC Furnace
US Steel announced today that will be moving forward with its electric ARC furnace at it’s plant in Fairfield, AL which is just west of Birmingham, AL. The project is expected to cost $215 million and bring an estimated 150 full time jobs. This will boost production of the facility of from around 720,000 tons annually to about 1.6 million tons annually. US Steel says it expects the furnace to start producing steel sometime in the second half of 2020.