U.S. Steel to Acquire Big River Steel Assets, an Industrial Info Market Brief

United States Steel Corporation (U.S. Steel) plans to acquire 49.9% of Big River Steel's assets for $700 million, with an option to acquire the remaining 50.1% at a later date. Big River Steel began operations in 2017 at a 1.5 million-ton-per-year flat-rolled steel mill in Osceola, Arkansas, and is now at work on an expansion.