Business and Economic News

U.S. Steel to invest $150 million at Minnesota mine

Minntac
This 2014 photo shows the Minntac taconite mine plant in Mountain Iron, Minn. U.S. Steel plans to spend about $150 million to upgrade this or the Keetac plant to produce specialty “DR-grade” pellets now used in electric arc furnaces.
Glen Stubbe | Star Tribune via AP 2014