Business The US Steel restructuring plan is extended by Big...

The US Steel restructuring plan is extended by Big River Mill

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OSCEOLA, Arkansas. The United States Steel Corp. is betting its future on a new efficient mill along the Mississippi River, not far from one of the old plants that have long defined its labor-intensive approach to steelmaking.

In October, US Steel purchased a $ 700 million stake in the three-year-old Big River Steel LLC, which manufactures steel from the melting of scrap in an electric furnace. US Steel avoided that process for decades, strictly causing steel from iron ore to melt in coal-fired blast furnaces.

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