Hybar Raises Financing to Expand

Steel company to invest $1.1B in northeast Arkansas expansion

MEMPHIS, Tenn. — A northeast Arkansas steel manufacturer is expanding its operations after securing $1.1 billion in financing for a second steel mill. Hybar LLC announced Friday it will build a second scrap metal recycling steel rebar mill next to its existing facility in Osceola. The company said the expansion will double its production capacity [...]

Hybar announces $1.1 billion mill in Osceola

OSCEOLA — A major steel producer in Mississippi County will be building a second scrap metal recycling steel rebar mill near its existing mill in Osceola, officials said Friday.

Osceola steel company to build second rebar mill in $1.1 billion expansion

Hybar LLC announced a $1.1 billion expansion that will increase rebar production capacity to 1.3 million tons per year.

Hybar Raises Financing to Expand

OSCEOLA, Ark. , June 26, 2026 /PRNewswire/ -- Hybar LLC announced today that it raised $1.1 billion to build a second technologically advanced, environmentally sustainable scrap metal recycling steel rebar mill (the "Expansion Mill") immediately next to its existing rebar…

Arkansas steel mill to expand, double output

An Arkansas scrap metal recycling company is set to break ground on a second facility after completing a 10-figure fundraising round this week. Hybar has raised $1.1 billion for a second steel rebar mill, which will be built next to its existing facility in Osceola. Work should take about 24 months. The new facility will complement Hybar’s first mill, which was commissioned nine months ago and began turning a profit by its fourth month of operat…