United States Steel Corp. reported on Jan. 11 that it will build a $3 billion steel mill in Osceola, Ark., to be served by BNSF.
Permitting for the project is under way, and U.S. Steel expects to break ground in first-quarter 2022, with full operation anticipated in 2024.
The steelmaking facility, which will be located close to the company’s Big River Steel plant, is slated to include “two electric arc furnaces (EAFs) with 3 million tons per year of advanced steelmaking capability; a state-of-the-art endless casting and rolling line; and advanced finishing capabilities,” U.S. Steel said.
When completed, the new facility in combination with Big River Steel “will form a 6.3-million-ton mega mill capable of providing many of the most advanced and sustainable steels in North America,” according to U.S. Steel. “The new non-grain oriented electrical steel and galvalume/galvanizing lines currently under construction at Big River Steel will further advance U.S. Steel’s ability to respond to customers’ pressing supply chain needs to satisfy their own domestic manufacturing expansion.”