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    Market Segment

    June 10, 2021

    US Steel To Make NGOES at Big River by Q3 '23

    Written by David Schollaert

    U.S. Steel wants to make Big River Steel the leader in non-grain-oriented electrical steels (NGOES). To that end, the Pittsburgh-based integrated steelmaker will invest $450 million at Big River’s steel mill in Osceola, Ark., to target the growing demand from the electric vehicle market.

    US SteelFunded entirely from cash generated at Big River, the NGOES expansion will target a growing customer base in Toyota, GM and Ford—whose electrification spending is expected to surpass $30 billion by 2025, according to a company presentation. The investment will also allow U.S. Steel to use Big River’s technology to produce thinner and wider NGOES to meet a wide-range of specific customer requirements.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

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