U.S. Steel also expects to finish construction on a larger BRS2 steel mill nearby that will double its steelmaking capacity to 6.3 million tons and have a run-rate of $1 billion in EBITDA.

Paperboard is made by rinsing, bleaching and starching hardwood fiber. Cardboard is made from pulp. The Augusta mill was developed in 1960 by Continental Can Co. It was acquired by Federal Paper ...