It was open on February 24, 2006. Its capacity is 8,343 seats and was named in honour of the general sponsor of the club - the U. S. Steel Košice (a member of the United States Steel Corporation, U.S.A.) and also in honour of Ladislav Troják, in Košice born hockey player, who was the first Slovak and World Champion in the national team of Czechoslovakia. Steel Aréna will be one of the venues for the 2011 Men's World Ice Hockey Championships, which will be hosted by Bratislava and Košice.