Steel Mills
October 1, 2019
Buyers Look Favorably on Marriage of USS/BRS
Written by Tim Triplett
The news today that U.S. Steel plans to purchase a 49.9 percent interest in Big River Steel, with an option to buy the rest within the next four years, surprised the market. But most of the steel buyers polled by Steel Market Update view the pairing of one of the nation’s oldest integrated producers with one of its newest minimills as a generally positive development.
Following are some of their (anonymous) comments:
