Steel Mills
USS: Full Steam Ahead for Big River Steel Expansion
Written by David Schollaert
February 8, 2022
U.S. Steel Corp. has officially broken ground on the expansion of its Big River Steel electric-arc furnace (EAF) sheet mill in Osceola, Ark.
The ceremony was attended by U.S. Steel President and CEO David Burritt as well as local and state officials.
The project features an endless casting and rolling facility – the first of its kind on U.S. soil – with advanced steelmaking and finishing capabilities.
The expansion is expected to be completed and fully operational in 2024.
Once finished, it will form a mega-mill capable of producing 6.3 million tons per year.
By David Schollaert, David@SteelMarketUpdate.com
David Schollaert
Read more from David SchollaertLatest in Steel Mills
Nucor earnings slump in first quarter, but better times seen ahead
Nucor’s profits fell precipitously in the first quarter, but the company has a rosier outlook for the following quarter.
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.