U.S. Steel has announced its “next-generation” highly sustainable and technologically advanced steel mill will be located in Osceola, close to the company’s Big River Steel plant in Northeast Arkansas. United States Steel Corporation is a leading steel producer serving the automotive,…
United States Steel Corporation
- AMP NewsBusinessManufacturing
U.S. Steel Finalizes Acquisition of Big River Steel
by Tyler Haleby Tyler HaleUnited States Steel Corporation (U.S. Steel) has completed its $774 million cash acquisition of Osceola-based Big River Steel. U.S. Steel first announced its acquisition plans in December 2020. The acquisition was finalized on Friday, Jan. 15. Previously, U.S. Steel had…
- AMP NewsBusinessManufacturing
U.S. Steel Acquires Remainder of Big River Steel in $774 Million Deal
by Tyler Haleby Tyler HaleUnited States Steel Corp. (U.S. Steel) will be acquiring the remainder of Big River Steel’s equity in a $774 million transaction. The purchase comes roughly a year after U.S. Steel bought a 49.9 percent stake in the Osceola-based steel mill.…
The United States Steel Corporation has taken a $700 million step into Arkansas markets. The large purchase from Big River Steel constitutes US Steel’s “first step” toward moving into southern markets, says company officials. The U.S. Steel Corp. was created…