Canary Media: US Steel to Build $2B Lower-carbon Iron Plant in Arkansas

U.S. Steel says it will invest $1.9 billion to build a modern and lower-carbon ironmaking plant in Arkansas — marking a key expansion beyond the company’s coal-based steel mills. The new ​“direct reduced iron” plant will sit alongside the sprawling Big River Steel Works, in the town of Osceola, where four electric arc furnaces melt down scrap metal with iron to make high-quality steel for vehicles and electrical equipment. Put together, the forthcoming ironmaking plant and the existing furnaces represent an emerging model for cleaner steelmaking. More story HERE.