Bigriversteel

Bigriversteel

A technology company that happens to make steel | Big River Steel. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD1.1b (Public information from Jan 2021)
Osceola Arkansas (HQ)
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DateInvestorsAmountRound
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N/A

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Early VC

$774m

Valuation: $774m

Acquisition
Total Funding-

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Big River Steel, now part of U.S. Steel, operates at the intersection of technology and traditional steelmaking. The company uniquely combines the capabilities of an integrated steel mill with the flexibility and technological advancements of a mini mill. This hybrid approach allows Big River Steel to produce a wide range of high-quality steel products that cater to the automotive and energy sectors, among others. The company serves clients who require cleaner, more formable steels, which are essential for electric and hybrid vehicles. Big River Steel's business model focuses on leveraging advanced technologies such as electric arc furnaces and Ruhrstahl Heraeus degassers to create superior steel products. Revenue is generated through the sale of these specialized steel products to various industries. The company has made significant investments in its operations, including a $1.3 billion investment in Arkansas, making it the largest industrial project in the state's history. Additionally, Big River Steel has invested over $10 million in training programs to ensure the highest standards of health and safety for its employees. The company is committed to creating a sustainable future for its customers, employees, and communities by continuously reimagining what a steel company can be.

Keywords: steelmaking, automotive, energy, electric arc furnace, Ruhrstahl Heraeus degasser, integrated mill, mini mill, sustainability, innovation, Arkansas

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.