MISSISSIPPI COUNTY, Ark. (KAIT) - The United Steelworkers says an “activist investor” in U.S. Steel wants to sell the Big River Steel plants near Osceola. According to a letter sent to its ...
United Steelworkers says activist investor Ancora Holdings wants to sell US Steel's state-of-the-art Big River plant to fund ...
The letter, which was seen by Bloomberg News, highlighted to members that Ancora would sell the company’s Big River assets in ...
The USW letter didn’t mention how much money Ancora might expect from sales of the Big River assets. Nippon Steel last year submitted an offer for the Arkansas assets and some mining operations ...
That echoes comments by former USW President Tom Conway in 2022 that US Steel’s purchase of Big River could mark the beginning of the end for union-run mills. Story Continues ...
The United Steelworkers said an activist investor wants to sell United States Steel Corp.’s state-of-the-art mills to fund ...
In the midst of the red ink, the company’s CEO points to its recycled-content Big River Steel complex in Arkansas as a bright spot. “Our Mini Mill segment should see a sequential improvement based on ...
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