Judging by the satellite image, Big River Steel is a greenfield (modern, specifically 2016) mill down by the Mississippi River. It is the only steel producer to be LEED certified. It is in the news now because US Steel bought a 49.9% share of the mini-mill for $700m cash with a call option to buy the rest in four years. The plant is currently [Fall, 2020] being doubled in size to increase its hot rolled production to 3.3 million tons annually. The deal could grow to $2.32b. [post-gazette] I guess US Steel figures that if you can't fight mini-mills (Electric Arc Furnaces) with your integrated mills (blast furnaces), then join them.
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| Steve Golden posted Big River Steel 2016 Prior to startup David Fast: Spray cooled shell. [I assume those shells are one of the innovations that various YouTube videos claim they have made but never explain. It can produce 170 ton every 35 min, tap to tap average. Some of the comments speculate about weather or not US Steel will interfere with the operations. Specifically, will the change the pay structure. Supposedly, nothing changes.] Steve Golden: That’s EAF #1. #2 is about ready to commission |
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| Steve Golden commented on his post indicating that this is the same furnace |
Their coil operation includes finishing: "pickled, galvanized, and annealed." [CamBridgeAir]
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| CamBridgeAir |
It is interesting that a Northwest Indiana newspaper would talk about a Arkansas mill. I had expected it to discuss the implications on the market for steel of the US Steel Gary Works caused by US Steel buying this modern mill.
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| safe_image for Big River Steel that U.S. Steel is acquiring completes $716 million expansion project |
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