Steel Mills

Big River Steel Seeks Dismissal of Nucor Lawsuit
Written by Sandy Williams
October 11, 2014
Big River Steel has asked the Arkansas court to dismiss a federal lawsuit by Nucor Corp aimed at preventing construction of the new mill.
In documents filed Friday, Big River steel called the suit by Nucor “a scorched earth campaign.” Nucor claims that Big River Steel’s mill will violate the Clean Air Act, an allegation that Big River says is unfounded because the mill is not built or operable yet.
Big River Steel held its ground breaking ceremony a few weeks back and have been moving dirt for the plant since mid-July. Construction of the mill is expected to take two years with initial production anticipated for July 2016.
During the groundbreaking ceremony, which was attended by Steel Market Update publisher John Packard, Big River Steel’s chief commercial officer Mark Bula told us, “If a company or industry doesn’t innovate then it is natural to lobby and litigate in order to protect their market.” Later during the ceremony Big River Steel CEO John Correnti called the continuous law suits being filed by Nucor, “frivolous legal nonsense…” and, “a bunch of poppycock.” Correnti went on to say, “There is no need to try to drive a wedge between the citizens of Mississippi County.”

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Nucor names Batterbee, Bledsoe to HR roles
Nucor Corp. has promoted Thomas J. Batterbee to the position EVP of human resources and talent and appointed Elizabeth Bledsoe to the newly created position of president of human resources and talent.

Millett sees tariffs, CORE case benefiting SDI
Steel Dynamics' top exec thinks Trump’s tariff policies, as well as the results from the recent CORE case, will prove advantageous to the Fort Wayne, Ind.-based steelmaker and aluminum company.

USW digs in on opposition to USS-Nippon deal
“We remain deeply concerned about the national and economic security implications of the subject transaction,” the union stated in the letter dated April 21.

SDI’s Q1 earnings slump on-year, but up sequentially
SDI earnings slip in first quarter year over year, but are up sequentially.

POSCO inks MoU with Hyundai on Louisiana EAF mill
POSCO has signed a Memorandum of Understanding (MoU) with Hyundai Motor Group that includes an equity investment in Hyundai’s previously announced EAF mill set to be built in Louisiana.