SunCoke would acquire U. S. Steel's Granite City Works blast furnaces and build a 2.0Mt granulated pig iron facility
LISLE, Ill., June 28, 2022 /PRNewswire/ -- SunCoke Energy, Inc. (NYSE: SXC) ("SunCoke") announced it has entered into a non- binding letter of intent with United States Steel Corporation ("U. S. Steel") that sets out the principal terms and conditions upon which SunCoke would process iron ore supplied by U. S. Steel to manufacture granulated pig iron for U. S. Steel on a 10 year initial term.
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