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Big River Steel Continuing to Push Toward 2016 Start-Up
11/16/2015 - The founder of a new U.S. mill has died and the governor who initially supported the project is no longer in office, but the Big River Steel project is continuing to progress toward a planned start-up in late summer or early fall of 2016, reports the weekly business journal Arkansas Business.
According to the publication, a crew of about 1,200 construction workers has been on site to build the US$1.3 billion project.
Big River Steel is a project of the late steel executive John Correnti, who died suddenly in August. The mill, which will be capable of producing 1.6 million tons of steel annually, is being called the world’s first “flex mill,” a mill that offers the product portfolio of an integrated mill but operates with the flexibility of a mini-mill.
“This is a mill that’s … one of the most technologically advanced mills built in the world right now,” Mark Bula, Big River’s chief commercial officer, told the business journal.
The journal said that one of the key pieces of the project, a 500-kilovolt electrical substation that will support the plant, is about 80 percent complete.
Big River Steel is a project of the late steel executive John Correnti, who died suddenly in August. The mill, which will be capable of producing 1.6 million tons of steel annually, is being called the world’s first “flex mill,” a mill that offers the product portfolio of an integrated mill but operates with the flexibility of a mini-mill.
“This is a mill that’s … one of the most technologically advanced mills built in the world right now,” Mark Bula, Big River’s chief commercial officer, told the business journal.
The journal said that one of the key pieces of the project, a 500-kilovolt electrical substation that will support the plant, is about 80 percent complete.
