Marubeni-Itochu Steel America Builds Arkansas Plant
Analysis based on 8 articles · First reported Apr 23, 2026 · Last updated Apr 23, 2026
The construction of the new steel processing plant by Marubeni — Marubeni-Itochu Steel America in United States — Mississippi County, Arkansas, is expected to positively impact the steel and automotive industries by increasing high-quality steel production. This investment will also create 35 new jobs, boosting the local economy and solidifying Mississippi County's status as a steel industry hub.
Marubeni — Marubeni-Itochu Steel America (MISA) announced plans to build an advanced flat-rolled steel processing plant in Osceola, United States — Mississippi County, Arkansas. This strategic investment, valued at over $37 million, is projected to create 35 new high-paying jobs. The plant, to be operated by MISA Specialty Processing (MSP), a subsidiary of Marubeni — Marubeni-Itochu Steel America, will be located adjacent to United States Steel Corporation — Big River Steel. It aims to significantly increase the region's capacity to produce high-quality steel for various industries, including automotive, across the South-Central United States. State and local leaders, including Governor Sarah Huckabee Sanders, have lauded the project as a significant boost to United States — Arkansas's economy and its role in the American steel industry.
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