Big River Steel Investing $1.2 Billion in Arkansas Expansion
Big River Steel will invest $1.2 billion to expand its LEED-certified, Osceola, Ark.-based scrap recycling and steel production facility. The expansion will double Big River Steel’s hot-rolled steel production capacity to 3.3 million tons annually. In addition, the expansion will facilitate the company’s ability to produce even higher grades of electrical steel.
Engineering efforts are already underway with SMS group. Major construction activity will begin later this year and continue for approximately 24 months. In addition to doubling its hot-rolled steel production and enhancing its electrical steel capability, Big River is also contemplating the installation of a next-generation coating line focused on automotive applications.