Steel Mills
Big River Steel Announces Phase Two Start-up
Written by Sandy Williams
November 18, 2020
Big River Steel has successfully started up a second electric arc furnace at its mill in Osceola, Ark., completing the Phase Two expansion that doubles the capability of the advanced steelmaking facility ahead of the original timeline.
“When describing the success of our Phase Two construction efforts, I am extremely proud to be able to use my five favorite words: ‘ahead of schedule’ and ‘under budget.’ This achievement is a testament to the hard work and can-do attitude of our employees,” said Dave Stickler, Big River Steel’s chief executive officer.
The $716 million expansion doubles Big River Steel’s production capacity to 3.3 million tons annually. The commissioning of Phase Two, originally scheduled for Jan. 27, is more than two months early and already producing high-quality steels. The expansion adds a second EAF, ladle metallurgical station, thin-slab continuous caster, tunnel furnace and hot mill downcoiler.
Big River Steel plans to reach full capacity in less than five months. Once achieved, BRS will produce close to 5,000 tons of steel per employee per annum, up almost 66 percent from the already world class 3,000 tons of steel per employee currently produced, the company claimed.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Cliffs idles Steelton, Riverdale, and Conshohocken operations
Cliffs has idled facilities in Riverdale, Ill., and Conshohocken and Steelton, Pa.
Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.
AISI: Raw steel production backs off multi-year high
US raw steel output edged lower last week after hitting a multi-year high in mid-June, according to the American Iron and Steel Institute (AISI).
Private equity firm Atlas Holdings to acquire Evraz North America
Atlas Holdings said it has signed a definitive agreement to acquire Evraz North America (Evraz NA). The Greenwich, Conn.-based private equity firm said it expects the deal for the Chicago-based steelmaker to close in the second quarter of 2025 subject to various closing condition.
Granite City Works must remain open and other terms of the Nippon-USS deal
SEC documents also name Trump specifically as having veto power certain decisions are part of the “Golden Share” provision.