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04 Nov
17:07

US Steel confirms total Big River ownership interest

US Steel executives confirmed market suspicion during the company’s third-quarter conference call regarding the company’s ultimate stake in mini-mill competitor Big River, Kallanish reports.  US Steel recently closed on its $700 million, 49.9% buy of Big River. The acquired mill's facilities consist of the company’s flagship mill in Osceola, Arkansas, and a capacity expansion that will ultimately bring the site to 3.3 mi…
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