SEATTLE (Scrap Monster): Pittsburgh-based leading steelmaker United States Steel Corporation (U.S. Steel) announced that it has selected Osceola, Arkansas as the location for its next generation steelmaking facility. The advanced steelmaking facility will be located close to its existing Big River Steel plant.
The final selection of the site will be subject to a number of factors, including agreements with key partners. The permitting for the project is under progress and it expects to break ground on the project during the first quarter of 2022, with full operations scheduled in 2024, said the company press release.
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The modern facility will feature 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, along with advanced finishing capabilities. The proposed facility will have access to abundant renewable and clean power.
Upon completion, the project will seek to become LEED certified. The mill, along with Big River Steel will form a 6.3 million ton mega mill, capable of delivering highly sustainable and technologically advanced steel products to the North American market.
The competitive Osceola site offers incomparable advantages to its customers and will reshape the future of steelmaking in the U.S., said David B. Burritt, President and CEO, U.S. Steel.
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