Company/Division name | United States Steel Corporation |
Parent company | ArcelorMittal |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2024 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 1,000 |
City reshored to: | Keewatin |
State(s) reshored to: | MN |
If relevant, work nearshored to: | - |
Industry(ies): | Castings/Foundries - Subset of Primary Metal Products |
Product(s) reshored | iron pellets |
What domestic positive factors made reshoring more attractive? | Higher productivity |