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David Boyd Burritt (born c. 1955) is an American businessman who is CEO of U.S. Steel.Prior to joining U.S. Steel, Burritt spent over three decades at Caterpillar Inc. As head of U.S. Steel, Burritt has overseen the reopening of the Granite City Works steel mill, the acquisition of Big River Steel, and investments in sustainable steel production.
The economy of Mississippi County transitioned from agriculture (especially cotton) to manufacturing (mostly steel production) beginning in the 1980s. Over $2.1 billion has been invested in plants and supporting infrastructure in the county, with major facilities being operated by Nucor and Big River Steel (a U.S. Steel company). As of 2021 ...
U.S. Steel (X) starts constructing a highly sustainable and state-of-the-art steel mill which will be the largest private project in the history of Arkansas. U.S. Steel (X) Breaks Ground on $3B ...
The new Osceola plant will be adjacent to U.S. Steel's Big River Steel. Together the facilities will be known as Big River Steel Works. [126] In June 2022, U.S. Steel signed a non-binding letter of intent with SunCoke Energy that would allow SunCoke to purchase two blast furnaces from U.S. Steel's Granite City Works for use in pig iron fabrication.
Cleveland Cliffs acquired AK Steel in 2019 right before steel prices began to spike and within a year, it acquired ArcelorMittal USA in 2020 for $1.4 billion. U.S. Steel bought Big River Steel the ...
“US Steel has done a great job in engineering a turnaround to their company," added the analyst, referring to investments like the purchase of Arkansas-based Big River Steel in recent years ...
Cleveland Cliffs acquired AK Steel in 2019 right before steel prices began to spike and within a year, it acquired ArcelorMittal USA in 2020 for $1.4 billion. U.S. Steel bought Big River Steel the ...
In 2016, Big River Steel, a $1.3 billion Flex Mill focused on producing flat-rolled steel for the automotive oil and gas, and electrical energy industries, opened in Osceola, after being announced in 2013.