US Steel to Build Direct Reduced Iron Facility in Arkansas

US Steel has announced a $1.9 billion investment to build a direct reduced iron (DRI) facility in Arkansas, marking the first of its kind in the US. The project aims to streamline supply chain operations and improve production efficiency by integrating DRI production with existing steel-making infrastructure. The facility is expected to create around 200 full-time jobs and up to 2,000 construction jobs.

By Anwesha Pattanaik Thu, April 30, 2026 at 1:30 PM GMT+3 2 min read · Yahoo Finance · April 30, 2026, 10:30 UTC

Tickers: $X

Topics: infrastructure investment job creation steel production supply chain

Read the full article at Yahoo Finance

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