by - June 30, 2025 8:30 am
Are we good with this?
After months of limbo, Northeast Arkansas got presumably good news in late June. The $15 billion deal to allow Japanese-based Nippon Steel to acquire U.S. Steel was approved with several…
Tag: U.S. Steel
by - June 19, 2025 10:54 am
Terms set for US Steel-Nippon deal
The country’s first billion-dollar corporation and at one time its largest company has been sold despite national security concerns. U.S. Steel has been sold to Japanese-based Nippon Steel Corporation for…
by - January 3, 2025 4:09 pm
President Biden blocks U.S. Steel sale to Nippon
Citing national security concerns, President Joe Biden has blocked the sale of U.S. Steel to Japanese-based Nippon Steel Corporation. The $15 billion deal, more than a year in the making,…
by - May 6, 2024 3:24 pm
Nippon pushes closing date of U.S. Steel acquisition to later date
Tokyo-based Nippon Steel postponed its $14.9 billion acquisition of U.S. Steel, which has major operations in Northeast Arkansas. The move comes after federal regulators asked for more information related to…
by - April 12, 2024 2:25 pm
U.S. Steel shareholders approve Nippon Steel takeover
U.S. Steel stockholders overwhelmingly approved a proposed merger with Nippon Steel Corp. in a special stockholders meeting Friday (April 12). The company announced in a press release that, according to…
by - December 18, 2023 6:35 am
U.S. Steel to be acquired in $14 billion deal
U.S. Steel, which owns Big River Steel and other operations in Northeast Arkansas, is being acquired by Tokyo-based Nippon Steel Corp. in a $14.1 billion deal, the companies announced Monday…
by - June 13, 2023 5:41 pm
U.S. Steel releases ESG report; highlights steel made at Big River Steel
United States Steel Corporation on Tuesday (June 13) issued its 2022 Environmental, Social and Governance (ESG) Report titled, “Essential for our Future,” reaffirming its commitment to sustainable steelmaking and a…
by - May 23, 2023 3:28 pm
U.S. Steel acquires $240 million in green bonds for second Big River Steel facility
U.S. Steel has closed on $240 million in unsecured Arkansas Development Finance Authority environmental improvement revenue bonds, which carry a green bond designation. The Green Bonds, issued through Arkansas Development…
by - February 14, 2023 1:59 pm
Leaders explain how steel industry is transforming Mississippi County
U.S. Steel has existed for more than 120 years, and one reason is that the company has embraced technological advancement, Dan Brown, Senior Vice President of Advanced Technology Steelmaking and…
by - September 12, 2022 10:00 am
U.S. Steel donates $1 million for community and safety projects in Mississippi County
U.S. Steel, through its Big River Works’ facilities, has donated $1 million to organizations in Osceola and Mississippi County. The donations are slated to be used for infrastructure and essential…
by - March 6, 2022 9:03 am
Mississippi County officials push ‘Work Here, Live Here’ plan
There was a time when Mississippi County rivaled Craighead County in terms of population and economic output when it came to the most prosperous counties in Northeast Arkansas. Eaker Air…
by - January 13, 2022 10:46 am
NEA leaders want $3 billion steel mill to build population back
During the 1990s one of the most prosperous counties in Northeast Arkansas took a deep plunge. Eaker Air Force Base closed in Blytheville and throughout the decade 9,000 jobs, mostly…
by - January 12, 2022 5:44 pm
Governor: $3 billion steel plant will help Arkansas attract auto manufacturer
The announcement by U.S. Steel that it will build a $3 billion plant in Osceola will make Mississippi County the nation’s leading steel-producing county and sets the stage for Arkansas…
by - January 11, 2022 3:32 pm
U.S. Steel to locate $3 billion steel mill in Northeast Arkansas
When Big River Steel first started operations near Osceola in Mississippi County in 2014, it was one of the largest industrial projects ever in the state of Arkansas. BRS, now…
by - December 8, 2020 3:13 pm
U.S. Steel to acquire remaining stake in Big River Steel
United States Steel Corp. is on the verge of becoming the sole owner of Big River Steel, the first “superproject” in the history of the Natural State. U.S. Steel has…
by - October 1, 2019 8:26 am
U.S. Steel sets table to buy Big River Steel
United States Steel Corp. announced Tuesday (Oct. 1) it has taken a first step toward acquiring Big River Steel through the purchase of a 49.9% ownership stake for $700 million…