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11 Jan 2022 | 22:16 UTC
By Nick Lazzaro
Highlights
Mill will have 3 million st/year capacity
Operations expected to begin in 2024
US Steel has selected Osceola, Arkansas, as the location for its previously announced 3 million st/year electric arc furnace steel mill, which is expected to start operations in 2024, the company said Jan. 11.
The new optimized steel production facility is expected to feature two EAFs, an endless casting and rolling line and advanced finishing capabilities, the company said in a statement.
"This first use of endless casting and rolling technology in the US brings significant energy, efficiency and capability enhancements to the company's operations," US Steel added.
The new flat-rolled steel mill will be located near US Steel's existing Big River Steel EAF plant in Osceola.
"When completed, the sophisticated new steelmaking facility in combination with Big River Steel will form a 6.3 million st mega mill capable of providing many of the most advanced and sustainable steels in North America," CEO David Burritt said.
"The new non-grain oriented electrical steel and galvalume/galvanizing lines currently under construction at Big River Steel will further advance US Steel's ability to respond to customers' pressing supply chain needs to satisfy their own domestic manufacturing expansion."
The Arkansas site selection is still subject to several factors, including final agreements with key partners and permitting, but construction is expected to begin in the first quarter.