by - October 12, 2023 3:28 pm
New steel line opens at Big River facility in Osceola
The world is changing, US Steel president and CEO Dave Burritt said Thursday (Oct. 12), and perhaps it is no more evident than in the new line that can produce…
Tag: Big River Steel
by - February 14, 2023 1:59 pm
Leaders explain how steel industry is transforming Mississippi County
U.S. Steel has existed for more than 120 years, and one reason is that the company has embraced technological advancement, Dan Brown, Senior Vice President of Advanced Technology Steelmaking and…
by - April 4, 2022 3:30 pm
U.S. Steel’s Big River Steel first in North America to achieve ResponsibleSteel certification
U.S. Steel announced Monday (April 4) that its Big River Steel mill in Osceola has become the first-ever ResponsibleSteel site certified in North America. BRS received the site certification after…
by - December 8, 2020 3:13 pm
U.S. Steel to acquire remaining stake in Big River Steel
United States Steel Corp. is on the verge of becoming the sole owner of Big River Steel, the first “superproject” in the history of the Natural State. U.S. Steel has…
by - June 17, 2020 5:23 pm
Big River Steel signs agreement with Koch Metallics
Big River Steel has entered an agreement with Koch Metallics, LLC a subsidiary of Koch Minerals & Trading, LLC, under which Koch will act as the exclusive agent to Big…
by - November 11, 2019 2:51 pm
Big River Steel closes deal with U.S. Steel, values Osceola mill at $2.3 billion
Privately held Big River Steel in Northeast Arkansas has closed on its deal announced last month to make United States Steel Corp. a minority stakeholder of the company’s scrap recycling…
by - October 1, 2019 8:26 am
U.S. Steel sets table to buy Big River Steel
United States Steel Corp. announced Tuesday (Oct. 1) it has taken a first step toward acquiring Big River Steel through the purchase of a 49.9% ownership stake for $700 million…
by - June 4, 2019 2:48 pm
Big River Steel closes on $800 million debt-equity financing package to expand scrap metal capacity
Big River Steel on Monday (June 3) announced it had closed on a debt-and-equity financing arrangement to expand its scrap metal recycling and flat-rolled steel production facility in Osceola, doubling…
by - April 22, 2019 6:43 pm
Air Products to expand its air separation unit operations at Big River Steel
Air Products announced Monday (April 22) an agreement to build, own, and operate a second air separation unit (ASU) to support Big River Steel’s expansion at its Osceola, Arkansas steel…
by - November 9, 2018 7:59 am
Big River Steel to stand alone for now, company officials say
More than two months after Big River Steel LLC revealed it was fielding potential buyout offers and reviewing “strategic alternatives,” a spokesperson for the venture group behind the multimillion-dollar Northeast…
by - August 29, 2018 11:38 am
Sources: Big River Steel reviewing ‘strategic alternatives,’ fielding offers for possible sale
Several high-profile steelmakers and investment groups are said to be bidding for the assets of Big River Steel LLC in Northeast Arkansas, as billions of dollars pour into the industry…
by - June 29, 2018 3:16 pm
Big River to invest $1.2 billion in Arkansas operation, add at least 500 jobs
Big River Steel announced Friday (June 29) a $1.2 billion expansion at it’s scrap recycling and steel production facility in Osceola. The move will create at least 500 new jobs…
by - February 15, 2018 7:32 pm
Union Partners to build facility on Big River Steel campus
Union Partners announced Thursday (Feb. 15) plans to build a new steel processing facility on the Big River Steel campus in Osceola. The new facility will be adjacent to BRS’s…
by - September 28, 2017 10:15 pm
Big River Steel pays off state funded loan nearly two decades early
Big River Steel is the largest industrial project in Arkansas history, and it’s already paid off its state loans years in advance. The company announced Thursday it had paid a…
by - August 28, 2017 5:08 pm
Big River Steel reaches financing agreements
Big River Steel has closed on a $1.225 billion financing agreement, the company has announced. About $600 million will be in the form of senior secured notes due in 2025;…
by - March 1, 2017 4:53 pm
Big River Steel begins full-time production
Arkansas’ first and to date only industrial superproject is in full operation, and officials hope it may lure an auto manufacturer to The Natural State. Big River Steel announced Wednesday…
by - December 14, 2016 1:34 pm
Big River Steel begins production in its melt shop and hot mill
One of the largest industrial development projects in Arkansas history is about to begin production. Big River Steel has produced its first hot roll coil tube, and its melt shop…
by - April 18, 2016 5:19 pm
Big River Steel project already boosting economic activity with more jobs, spending
Osceola Mayor Dickie Kennemore said Monday (April 18) that there was a constant battle over the past 15 or so years to bring a major industry to Osceola. Once the…
by - February 25, 2016 8:53 pm
Arkansas Steel Processing to add 50 jobs in Osceola
Osceola Mayor Dickie Kennemore said Thursday (Feb. 25) that another steel company will locate south of Osceola and bring 50 jobs to the area. Arkansas Steel Processing is building its…
by - December 9, 2015 8:12 pm
Arkansas Court of Appeals throws out Nucor appeal in Big River Steel case
The Arkansas Pollution Control and Ecology Commission was correct in granting a permit for a $1.3 billion steel mill in Mississippi County, the Arkansas Court of Appeals ruled Wednesday (Dec….