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11 Jan
23:06

US Steel picks Arkansas for $3 billion mill

US Steel will site its new $3 billion flat-rolled steel mill in Osceola, Arkansas, the company announced late Tuesday.  The new electric arc furnace facility will produce 3 million short tons/year. Permitting has already begun, and groundbreaking is slated for this quarter. The mill is expected to come online in 2024.  "With this location selected and shovels ready, we are reshaping the future of steelmaking," says US Steel ceo David Burritt i…
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