Keewatin News


02/01/2018 07:38 PM  ~~~Source~~~
US Steel sales, profits up in 2017 

U.S. Steel is reporting fourth quarter 2017 earnings of $159 million, or 90 cents per share, a big improvement over a $105 million loss in the last quarter of 2016. The Pittsburgh-based company, which reported its quarterly and annual results after the stock market closed Wednesday, Jan. 31, said sales of steel were up 18 percent to $3.13 billion, reflecting a 3 percent increase in shipments and higher selling prices.


12/08/2017 01:37 PM  ~~~Source~~~
Northeastern Minnesota iron ore pellet production on the increase 

Pellet production at the six plants is forecast to reach 36.6 million tons in 2017, according to the Minnesota Department of Revenue Minerals Tax Office. It's the highest annual total since 2014 and a dramatic improvement from 2009 when a minuscule 17 million tons were produced during a nationwide steel and taconite industry downturn.


11/29/2017 03:01 PM  ~~~Source~~~
ERP execs suffer setbacks, unveil plans 

ERP Iron Ore is the new owner of the former Magnetation assets. Here, executives report that acquisition was no different.


11/05/2017 07:48 AM  ~~~Source~~~
Judge considers wild rice protection: Some say sulfate rules could... 

Officials at the WLSSD say sewage treatment plants aren't designed to remove sulfate from effluent and that it could cost hundreds of millions of dollars to intall reverse osmosis treatment for sulfate. That could more than triple Duluth sewage bills, they note, and could force local mills out of business.