If you think American capitalism is dead, and steel is a rusty relic of the last century, you are overdue for a trip to Big River Steel.
Big River Steel has partnered with Noodle.ai, a California enterprise artificial intelligence (AI) company, to implement the “world’s first smart steel production facility.” Big River is now equipped with AI systems to optimize maintenance planning, line scheduling, logistics operations and environmental protection.
Big River Steel today announced that it has established a new production record in terms of tons of steel produced by a SMS group supplied flat-rolled mini mill during the first full month of operation. With over 63,000 tons of hot rolled steel produced in January, Big River Steel’s first full month of production, Big River Steel topped the previous first month production record according to data maintained by SMS group, Big River Steel’s lead technology supplier.
The $1.3 billion Big River Steel mill under construction near Osceola is set to begin producing steel early next month.
The plant, built less than a mile from the Mississippi River, has enough orders booked to fill December, said Mark Bula, Big River’s chief commercial officer.
Big River Steel is actively in the market buying scrap and selling steel, the company’s top executive has confirmed. “Big River is open for business,” David Stickler, chief executive officer of the Osceola, Ark.-based steelmaker, said in a presentation Nov. 17 at AMM’s 10th Steel Scrap Conference and 4th DRI and Mini-mills Conference in Chicago. The company’s melt shop will begin consuming scrap in early December, and its entire mill is expected to be operational in the first quarter of 2017, Stickler said.
Big River Steel LLC has teamed up with the Center for Collision Safety and Analysis (CCSA) to research how advanced high-strength steels might make future vehicles safer. CCSA wanted to collaborate with a new steelmaker, like the Osceola, Ark-based start-up, rather than a “traditional, volume-type steelmaker,” Steve Kan, director of the CCSA and a professor at George Mason University, said in a recent interview with AMM.
Big River Steel, the self-proclaimed “Flex Mill” under construction in Osceola, Ark., is ready to begin taking orders. “Big River Steel is open for business,” said Mark Bula, Big River’s chief commercial officer, in his remarks Aug. 31 during Steel Market Update’s 2016 Steel Summit in Atlanta.
Mark Bula, the Commercial Director for Big River Steel made it official at our 6th Steel Summit Conference
proclaiming Big River Steel as “open for business.”
Bula, who was speaking on a panel on Innovation and the future of the steel industry, reported that the mill will begin producing their first hot rolled coil for commercial orders in December 2016. Cold rolled orders are anticipated to begin in January and galvanized in March 2017.
OSCEOLA, Ark. — Big River Steel LLC is on the prowl for orders in what the company sees as a steady-as-she-goes market, a company executive said.
“We want to get in the hot-rolled business by the November-December time frame,” chief commercial officer Mark Bula said in an interview with AMM during a recent visit to the Osceola, Ark-based steel mill.