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U.S. Steel buying into Big River Steel
Here from NEA Report is news of U.S. Steel’s deal to purchase about 49.9 percent of Big River Steel in Mississippi County for $700 million, with an option to purchase the rest.From the U.S. Steel release:
“The investment in Big River, coupled with our announced investments at Mon Valley Works and Gary Works, would ultimately position U.S. Steel with three core market leading, differentiated and technologically advanced assets that will enable us to compete with anyone, anywhere for generations to come,” U.S. Steel President and CEO David B. Burritt said in a statement.
https://arktimes.com/arkansas-blog/2019/10/01/u-s-steel-buying-into-big-river-steel