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Paying $774 Million in Cash, U.S. Steel to Complete Acquisition of Arkansas Steelmaker Share: Welcome to Thomas Insights every day, we publish the latest news and analysis to keep our readers up to date on what’s happening in industry. Sign up here to get the day’s top stories delivered straight to your inbox. U.S. Steel has exercised its option to acquire the remaining equity of an Arkansas steel producer 14 months after the two companies entered into a joint venture. U.S. Steel paid a reported $700 million to acquire a 49.9% stake in Big River Steel in October of 2019; that agreement included an option for the company to purchase the remaining stake within 48 months. ....