U. S. Steel announces first-of-its-kind in the United States DRI facility at Big River Steel works

United States Steel Corporation (“U. S. Steel”) today announced a $1.9 billion investment to build a new direct reduced iron (DRI) facility at Big River Steel Works in Osceola, Arkansas — the first of its kind in the United States.

The investment strengthens U. S. Steel‘s next-generation steelmaking capabilities and reinforces its position as a leader in modern, efficient steelmaking. The new facility will leverage U. S. Steel‘s 2022 investment into direct reduced-grade pellet capabilities at its Minnesota Ore Operations Keetac plant, creating a direct link between our mining operations, EAF feedstock creation, and steel production at Big River Steel Works.

Critically, by sitting DRI production at Big River Steel Works, where the more than $3 billion Big River 2 expansion is now in full production and there are four electric arc furnaces (EAF), this investment will eliminate the need to ship DRI to the facility and builds in a competitive sourcing advantage for Big River’s feedstock.