Big River Steel starts up new flats mill ahead of schedule

Wednesday, 18 November 2020 22:43:32 (GMT+3)   |   San Diego
       

Big River Steel announced today that it successfully started up the second phase of its Arkansas-based scrap metal recycling and flat-rolled steel production facility. The Phase Two expansion budgeted at $716 million will double Big River Steel's production capacity to 3.3 million tons annually.

Originally slated to be commissioned on January 27, 2021, the mill's second electric arc furnace, ladle metallurgical station, thin-slab continuous caster, tunnel furnace and hot mill downcoiler were brought on line more than two months early and are already being used to produce steel.

Big River Steel plans an aggressive ramp-up to reach rated capacity in less than five months. Once rated capacity is reached, Big River Steel will produce close to 5,000 tons of steel per employee per annum, up almost 66 percent from current production levels.


Similar articles

Global View on HRC: Most HRC suppliers keep offers stable, uncertainty over future price trend still persists

10 May | Flats and Slab

US flat steel trends lower as May spot market seeks solid price signals

10 May | Flats and Slab

Chinese domestic PPGI prices increase, mood negative amid drop in HRC futures

10 May | Flats and Slab

Formosa hikes HRC prices by $15/mt in Vietnam, despite slow demand and pressure from Chinese suppliers

10 May | Flats and Slab

Non-VAT steel export offers from China start to revive gradually

10 May | Flats and Slab

Major steel and raw material futures prices in China - May 10, 2024

10 May | Longs and Billet

Turkey’s CRC imports down 22.1 percent in January-March

10 May | Steel News

US CRC exports up 1.3 percent in March from February

10 May | Steel News

Flat steel prices in local Taiwanese market - week 19, 2024

09 May | Flats and Slab

Local and import HRC prices in EU stable amid moderate restocking

09 May | Flats and Slab