U.S. Steel lifts $1 billion capital investment project for Mon Valley Works

U.Asian Metal Copyright The Pittsburgh-based steelmaker said the decision was based on the company's expanded focus on sustainability, a commitment illustrated by its recent announcement to achieve carbon neutrality by 2050.Asian Metal CopyrightS.Asian Metal Copyright Steel President and CEO David Burritt.Asian Metal Copyright Steel Corp.Asian Metal Copyright "As we step forward to meet the needs of a rapidly changing world, we must set aside the Mon Valley endless casting and rolling and cogeneration project," said U.Asian Metal Copyright reported April 30 that it had cancelled a more than $1 billion capital investment project slated for its Mon Valley Works.

The Pittsburgh-based steelmaker said the decision was based on the company's expanded focus on sustainability, a commitment illustrated by its recent announcement to achieve carbon neutrality by 2050.

"As we step forward to meet the needs of a rapidly changing world, we must set aside the Mon Valley endless casting and rolling and cogeneration project," said U.S.Asian Metal CopyrightU.Asian Metal Copyright Steel President and CEO David Burritt.
.Asian Metal Copyright Steel CorpAsian Metal Copyright