Steel Products
January 30, 2013
Big River Steel Project Announced by Arkansas Governor & John Correnti
Written by John Packard
As if the south is not already flooded with flat rolled steel mills, Arkansas Governor Mike Beebe and Big River Steel CEO John Correnti announced earlier today that if the bonds are approved by the Arkansas legislature a new $1 billion steel mill will be built in Arkansas. Details were lacking regarding the type of mill to be built – other than a statement saying the mill would be producing steels for the automotive, oil and gas and electrical energy industries – industries which use flat rolled and electrical steels. Calls to John Correnti and Big River Steel were not returned by the time we went to publication.
The Big River Steel plant is reported to be 23 miles from Nucor’s Hickman facility and 223 miles from US Steel Fairless Works. Also in the area are Severstal Columbus and the ThyssenKrupp Calvert, Alabama mill which is currently being offered for sale by the parent company at a loss.
