U.S. Steel Corp. celebrated the opening of its $450-million non-grain oriented (NGO) electrical steel line at its Big River Steel Works in Osceola, Ark.
The Pittsburgh-based steelmaker was joined by local and state officials for its ribbon-cutting ceremony, marking the successful startup of the new line.
With a capacity of 200,000 tons per year, the new 2,333-foot-long line will make U.S. Steel the largest domestic producer of NGO electrical steel, according to a company press release on Oct. 12.
“This investment will enable us to serve our customers as they address growing markets, like electric vehicles,” said David Burritt, U.S. Steel’s president and CEO, touting not only the product’s sustainability but the fact that it’s mined, melted, and made in the US.
The line’s new product, InduX, will use 90% scrap steel as its raw material, reducing CO2 emissions by more than 70% vs. “traditional integrated steelmaking, while producing sustainable, infinitely recyclable steels,” the release said.
“This investment will allow our customers to purchase more steel made here in the USA and help them to meet their own sustainability goals,” added Daniel Brown, U.S. Steel’s senior VP and CEO of Big River Steel Works.
“Congratulations to U.S. Steel for opening their newest steel line at Osceola’s Big River Steel facility. As this project shows, when business, government, and communities work together, anything is possible,” Arkansas Governor Sarah Huckabee Sanders said in a statement.
David SchollaertRead more from David Schollaert
Latest in Steel Mills
SMU survey: Direction of mill lead times mixed on holiday season lull
Movements in lead times were mixed in SMU’s check of the market this week – a reflection of the seasonal dip in ordering that is typically seen during the winter holiday season.
TimkenSteel implements Worlds’ AI platform into steelmaking ops
TimkenSteel has begun utilizing AI software from Worlds to gain insight into its steel manufacturing processes.
AM/NS Calvert, Outokumpu extend tolling arrangement
AM/NS Calvert will continue providing hot rolling tolling services for Outokumpu for the time being.
SMU Community Chat: Algoma’s CEO talks prices, decarb, raw materials
Algoma Steel’s CEO Michael Garcia joined SMU Managing Editor Michael Cowden for a Community Chat on Wednesday, Nov. 29. A great discussion was had on topics ranging from plate pricing to decarbonization efforts, raw materials strategies, and more.
U.S. Steel bids due on Friday: Sources
Bids for U.S. Steel are due on Friday, according to sources familiar with the matter. Friday is also allegedly when a non-disclosure agreement (NDA) between Cleveland-Cliffs Inc. and the Pittsburgh-based steelmaker expires.