United States Steel completed the acquisition of the remaining 50% stake in Big River Steel for $774m.

United States Steel, an American integrated steel producer, completed the acquisition of the remaining 50% stake in Big River Steel, a manufacturer of steel product, for $774m. We are creating the first ‘Best of Both’ integrated and mini-mill steel company. Taking a page from the Big River Steel playbook, we are closing on this world competitive green steel asset purchase under budget and ahead of schedule. Our customers now have access to a truly sustainable source of the most advanced high strength steels. We fully expect to generate profitable growth quickly in 2021 and enable a more nimble, innovative, and cost-effective company across the business cycle," David B. Burritt, US Steel President & CEO.