SEATTLE (Scrap Monster): United States Steel Corporation (U.S. Steel) hosted a ribbon cutting ceremony to mark the opening of its new electrical steel line at its Big River Steel facility in Osceola, Arkansas.
The line has the capacity to produce more tons of non-grain oriented (NGO) electrical steel per year in the country than any other domestic steelmaker. The startup of the new line marks a significant milestone for the company. It will significantly expand its portfolio of sustainable products needed to serve growing markets.
The new line is the final step in the company’s steelmaking process which uses up to 90% scrap steel as raw material and reduces Scope 1 and Scope 2 carbon emissions by up to 70-80%, upon comparison with traditional integrated steelmaking process. The line will primarily produce IndusX- a product that will serve the expanding electric vehicle market in the region.
David B. Burritt, President and Chief Executive Officer, U.S. Steel noted that the investment will help it to better serve its customers as it addresses growing markets, like electric vehicles. Furthermore, he thanked the innovative minds and hard work of its employees.
The line will allow customers to purchase more steel made in the US and help them meet their own sustainability goals.
Copper Scrap View All | |
Alternator | 0.40 (0) |
#1 Copper Bare Bright | 4.17 (-0.03) |
Aluminum Scrap View All | |
356 Aluminum Wheels (Clean) | 0.81 (0) |
6061 Extrusions | 0.71 (0) |
Steel Scrap View All | |
#1 Bundle | 360.00 (0) |
#1 Busheling | 380.00 (0) |
Electronics Scrap View All |