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    Company Announcements

    September 16, 2026

    USS Košice OKs ~$1B investment for new EAF, air separation unit

    Written by Ethan Bernard

    U.S. Steel Košice has approved an investment of €900 million (USD$1.04 billion) for a new electric-arc furnace (EAF) and air separation unit.

    The company signed a grant agreement for ~€350 million with the government of Slovakia for the investment.

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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