Tag: Big River Steel
The SMS group is currently building an integrated, environment-friendly plant complex for high-grade steel products and specialty steels in the US on the site of recently founded steel producer Big River Steel.
Big River Steel broke ground on its USD 1.3B steel mill and recycling facility in Osceola, Arkansas, the single largest private investment in the state’s history. Joining local, state and federal officials for the ceremony were Big River Steel leaders and investors.
In a statement from the Arkansas Economic Development Commission, Big River Steel said the financing necessary for the construction of a USD 1.3B steel mill in Mississippi County has been ‘officially closed’ and a formal groundbreaking will be set later this summer.