US Steel to build $2B lower-carbon iron plant in Arkansas

Published on April 30, 2026

U.S. Steel says it will invest $1.9 billion to build a modern and lower-carbon ironmaking plant in Arkansas — marking a key expansion beyond the company’s coal-based steel mills. The new “direct reduced iron” plant will sit alongside the sprawling Big River Steel Works, in the town of Osceola, where four electric…