Nippon Steel’s U.S. Steel to invest $1.9 billion in Arkansas DRI plant

  • Nippon Steel unit U.S. Steel will build a new direct-reduced iron plant at Big River Steel Works electric arc furnace mini-mill complex in Osceola, Arkansas.
  • Project cost set at about $1.9 billion.
  • Investment forms part of Nippon Steel $11 billion commitment.
  • Facility will use high-quality pellets for DRI produced at U.S. Steel Keetac mine in Minnesota.
  • Plan targets lower raw material costs for EAF steelmaking, improved supply stability.


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