December 3, 2024

Green & Clean Power Secures Financing for Solar and Energy Storage Project in Arkansas

by Green & Clean

New company features a behind-the-meter 105MW solar installation and a 160mwh battery energy storage system to initially power neighboring Hybar, a scrap metal recycling steel rebar mill.

September 11, 2024

Hybar Welcomes Quanta Services as a New Equity Partner

by Hybar

Hybar LLC, a company building a technologically advanced environmentally sustainable scrap metal recycling steel rebar mill in northeast Arkansas, announced today that Quanta Services, Inc. (NYSE: PWR) recently made a strategic equity investment in Hybar.

August 25, 2024

OPINION| REX NELSON: The Steve Jobs of steel   

by Rex Nelson

Stickler, a Cleveland native and former accountant, spent 15 years as an investment banker. He specialized in financing steel mills. One of the people he worked with was John Correnti, the Nucor chief executive officer who earlier fell in love with the workforce in Arkansas. Correnti and Stickler became business partners in 2003, raising $6 billion for various projects.

January 9, 2024

The Green Steel Challenge Podcast

by Astrid Korf

Episode three focuses on Hybar, a new venture that aims to become the most cost-efficient and most environmentally sustainable rebar producer in North America. In 2023, Hybar raised $700 million to build and operate a scrap metal recycling steel rebar mill.

October 29, 2023

From Brawn to Brain

by Rex Nelson

"Across the street from the courthouse is the 1915 Coston Building. The ground floor once housed a barbershop and later a hardware store. J.T. Coston, a Vanderbilt-educated lawyer who represented cotton magnate R.E.L. Wilson, had his office upstairs. That office is being used these days for Hybar LLC, a startup company building a steel rebar mill at Osceola that will cost $700 million and employ about 200 people."

August 8, 2024

City of Osceola Welcomes Hybar -- Largest Corporate Investment in City's History

by City of Osceola Arkansas

Hybar, a newly formed company, announced last week that it had successfully raised $700 million in capital to build, start up and run a technologically advanced, environmentally sustainable scrap metal recycling steel rebar mill in Osceola, Arkansas. Osceola is a Mississippi Delta town in northeast Arkansas that is working its way back from challenging economic times over the past twenty years as jobs were moved overseas. The city's population is approximately 8,000 and, for the first time in years, is growing as new homes are being constructed.

August 2, 2023

Hybar Raises Financing To Build Scrap Metal Recycling Steel Rebar Mill

by PR Newswire

Hybar, a newly formed company, announced today that it successfully raised $700 million of debt and equity financing to build, start up and operate a technologically advanced, environmentally sustainable scrap metal recycling steel rebar mill. The equity portion of the financing was led by TPG Rise Climate, the dedicated climate investing strategy of TPG's global impact investing platform TPG Rise, and Global Principal Partners, the investment entity used by Hybar's senior management team.

April 5, 2023

Hybar CEO Dave Stickler: Key to the future of Steel

by Matt Miller and John Tucker

Listen as Hybar CEO Dave Stickler discusses the difference between the steel market today and that of years prior, especially regarding sustainability and material choices. He also shares why he believes the key to the future of the steel industry is “lightweight and strong.”

December 14, 2022

Lower carbon a 'tie-breaker' in US rebar market: Stickler

by Rijuta Dey Bera

Steelmakers offering lower-carbon steel reinforcing bar (rebar) have a competitive advantage over traditional rebar producers, even if customers are unwilling to pay a premium for it in a price-sensitive market, according to David Stickler, senior managing partner of Global Principal Partners.

November 10, 2022

Highbar CEO Dave Stickler: Why Arkansas was chosen for $500M steel mill

by Corey Davis

Highbar LLC — which concentrates on sustainable scrap metal recycling and steel production — announced recently it is set to invest half-a-billion dollars and create 200 jobs near Osceola, Arkansas.

February 20, 2022

U. S. Steel's Turnaround Plan Runs Through Big River Mill

by Laura Miller

United States Steel Corp. is betting its future on an efficient new mill along the Mississippi River, not far downstream from one of the old plants that have long defined its labor-intensive approach to steelmaking.

 August 31, 2019

Green Steel: How Arkansas Became Home to America's Cleanest and Fastest-Growing Steelmaker

Inside cavernous blue hangars set on 1,100 acres of what was once soy fields abutting the Mississippi River, a succession of 300-ton scrap-filled buckets—the steel remains of old cars and refrigerators—await their turn at the furnace.

 March 1, 2017

Big River Steel Begins Full-Time Production

Arkansas’ first and to date only industrial superproject is in full operation, and officials hope it may lure an auto manufacturer to The Natural State. Big River Steel announced Wednesday (March 1) its $1.3 billion mill outside of Osceola near the Mississippi River is complete. 

April 2017

MetalBulletin: Rebels Wanted

Big River Steel is out to challenge the status quo. The theme of its grand opening was ‘Rebels Wanted’. David Stickler, ceo, tells Michael Cowden about the latest in a series of international projects in which he has had a hand.

 September 25, 2017

The First LEED-Certified Steel Production Mill in the World

The Arkansas Delta conjures the backdrop of The Adventures of Huckleberry Finn, and the town of Osceola is the region’s quintessential landscape: soybean and cotton fields, the churn of the Lower Mississippi River beyond the levees, and wide-open miles between glimpses of one small town and the next.

 November 2, 2015

$200M Silicon Plant Opens in North Miss.

The first silicon metal manufacturing facility built in the U.S. in more than 40 years is now up and running in the North Mississippi town of Burnsville, a little more than 100 miles southeast of Memphis.

October 26, 2007

SeverCorr Reaches Production in Record Time

SeverCorr has started up complete production at its next-generation steel mill, just two years after breaking ground on vacant prairie land in Lowndes County, Miss. The facility, a partnership between SeverStal and a group of steel-industry veterans led by John Correnti, was built to serve the growing demand for high quality steel in the Southern United States.

 October 3, 2005

Investors' Group to Build Steel Mill

In a move that could boost competition among U.S. steelmakers, and potentially bring down prices, a group of investors is poised to announce the construction of an $880 million mill in Mississippi that would initially churn out 1.5 million tons of steel sheet a year.