Big River Steel

United States Steel Corporation (NYSE:X) shares are up on the optimism for its $3 billion Mini-Mill steel mill in Osceola, Arkansas. BMO Capital Markets upgraded U.S. Steel’s stock from Market Perform to Outperform on Wednesday as it expects the $3 billion plant to forge greater profits for...

United States Steel Corporation (NYSE: X) shares are down more than 8% on Wednesday after the company announced Tuesday a $700 million investment in a 49.9% ownership stake of Big River Steel. U.S. Steel said Big River Steel has commenced a construction project that will raise Big River’s...

United States Steel Corporation (NYSE: X) announced Tuesday that it has taken the first step toward acquiring Big River Steel through the purchase of a 49.9% ownership interest at a purchase price of approximately $700 million in cash, with a call option to acquire the remaining 50.1%...