Hybar

What Hybar does

Hybar is a privately held U.S. steel manufacturer that builds and operates scrap-metal-fed steel rebar mini mills designed to be the most environmentally sustainable producers of rebar in the world. The company's first and currently operating facility is in Osceola, Arkansas, where a DC electric arc furnace with 40-ton hot heel technology converts up to 770,000 tons of scrap metal per year into approximately 700,000 tons of straight-length, spooled, and Size #18 rebar — about 7% of total U.S. rebar demand. The mill is directly connected to an adjacent behind-the-meter solar and battery storage installation, making Hybar the first steel producer in North America (and likely the world) to manufacture rebar using 100% renewable energy, a credential that earned it the world's first Climate Bond–certified Green Notes financing and a target LEED certification.

Hybar generates revenue through direct B2B sales of rebar to construction companies, infrastructure contractors (bridges, tunnels, marine facilities, super-tall buildings), and steel distributors. The company deliberately leaves fabrication and distribution to its customers, selling mill-direct at commodity-market prices with shipping optionality via Class One rail, Mississippi River barge, and highway. Its go-to-market relies on direct sales relationships, corporate-website content marketing, earned media, and ESG credentials rather than broad channel distribution.

The company is backed by institutional investors TPG Rise Climate, Koch Industries, Quanta Services, and Global Principal Partners, with approximately $700 million in equity raised in 2023 and a $400 million Climate Bond–certified debt offering in 2026 to fund a second mini mill at the same Arkansas site. Operations began in November 2025 with 157 workers at the Osceola facility, and Moody's assigned a B3 rating to the senior secured notes, reflecting significant leverage against an aggressive growth plan.

Name

Hybar

Legal name

Hybar LLC

Website

https://hybarsteel.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

101–250 employees

Short description

Hybar operates a sustainable steel rebar mini mill in Osceola, Arkansas, producing approximately 700,000 tons of rebar annually using 100% renewable behind-the-meter solar energy. It sells directly to U.S. construction firms, infrastructure contractors, and steel distributors.

Ownership category

akta.pro rank

Product category

Steel Rebar Manufacturing

NAICS

Iron and Steel Mills and Ferroalloy Manufacturing (331110)

SIC

Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310)

akta.pro primary industry

Rebar Fabrication & Reinforcing Products (IMADACAH)

akta.pro secondary industries

Metals Recycling & Processing (Ferrous/Non-Ferrous) (BPALADAF), Metal Melting & Secondary Smelting/Refining (Recycled Feedstock Producers) (EUAIAJAJ)

Keywords

• Steel rebar manufacturing
• Scrap metal recycling
• Sustainable steel production
• Electric arc furnace steel
• Renewable energy steel mill

Headquarters

HQ city

Osceola

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Infrastructure, Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Steel Rebar Sales: Hybar generates revenue through the production and sale of environmentally sustainable steel rebar. The company produces straight-length and spooled rebar in various sizes and grades, selling directly to construction companies, infrastructure projects, and steel distributors. Production capacity is 700,000 tons annually.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Hybar builds and operates a steel rebar mini mill in Osceola, Arkansas that produces environmentally sustainable straight-length and spooled rebar in various sizes and grades. The mill uses a DC electric arc furnace powered by 100% renewable energy from a behind-the-meter solar and battery storage installation, recycles approximately 770,000 tons of scrap metal annually, and produces 700,000 tons of rebar per year sold directly to construction companies, infrastructure contractors, and steel distributors.

Product overview

Hybar operates a single, unified product line focused on environmentally sustainable steel rebar production. The company's core offerings include Straight and Spooled Rebar, Size #18 Rebar, and Higher-Yielding Rebar—all produced at their Osceola, Arkansas mini mill using 100% renewable energy from an adjacent solar and battery installation. The mill produces 700,000 tons of rebar annually, accounting for approximately 7% of U.S. demand, and incorporates advanced DC electric arc furnace technology with a 40-ton hot heel for energy efficiency. The company plans to expand with a second mini mill funded by a $400 million Green Notes offering.

Differentiator

Problem solved

Functional benefit

Products and services

• Straight and Spooled Rebar Environmentally sustainable straight-length and spooled rebar produced using 100% renewable energy, featuring exceptional corrosion resistance through advanced chemistry and quenching process with excellent ductility and pliability across all grades, sold directly to construction companies, infrastructure contractors, and steel distributors.
• Size #18 Rebar Large-scale #18 size rebar produced using 100% renewable energy; one of only a very limited number of steel producers worldwide able to produce this size, used for marine facilities, bridge and tunnel projects, and super tall buildings.
• Higher-Yielding Rebar Higher-yielding, tomorrow-friendly rebar with precise lengths that greatly reduces yield losses for customers, produced at 4,300 tons per year per employee using automated systems at the Osceola mill.

Quantifiable outcome

• 700,000 tons of rebar produced per year, supplying about 7% of U.S. demand
• +3 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Three partnerships are on record, tiered supporting and core.

• Trilogy NextGensupportingTechnology or Integration · 6 May 2026Trilogy NextGen and Nokia power Hybar's smart and sustainable steel mill with private wireless solutions, enabling advanced automation and factory operations.
• NokiasupportingTechnology or Integration · 6 May 2026Nokia provides private wireless network solutions for Hybar's smart and sustainable steel mill factory operations, working with Trilogy NextGen.
• Green & Clean Power LLCcoreStrategic or Co-development Partner · 3 December 2024Green & Clean Power LLC raised approximately $300 million to fund a solar energy and battery storage project in Osceola, Arkansas, supplying renewable power to Hybar's steel rebar mill. Construction underway with completion expected by fall 2025.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Nucor Corporation: Largest U.S. steelmaker and the dominant producer of rebar via EAF mini-mills. Directly comparable as a rebar and steel scrap-based producer; Hybar's mini-mill model and direct B2B sales mirror Nucor's operating playbook at a smaller scale.
• Commercial Metals Company (CMC): Pure-play rebar manufacturer and steel scrap recycler with extensive U.S. fabrication and distribution. Closest direct comparable to Hybar given the vertical integration from scrap to finished rebar and similar B2B customer base.
• Steel Dynamics, Inc. EAF-based mini-mill steel producer with significant rebar and structural steel output. Operates a comparable scrap-to-finished-product value chain and serves the same construction end-markets as Hybar.
• Gerdau S.A. One of the largest long-steel producers in the Americas with major rebar operations across the U.S. Directly competes with Hybar for construction-grade rebar customers using similar mini-mill and EAF technology.
• Radius Recycling (formerly Schnitzer Steel Industries): Major ferrous scrap metal recycler that also operates steel mills producing rebar and other finished products. Closely aligned with Hybar's scrap-to-rebar integrated model.
• Charter Steel: Operates EAF mini-mills producing specialty steel products including rebar feedstock. Comparable in scale and process technology, focused on the construction steel value chain.
• Insteel Industries: Manufacturer of steel wire reinforcing products for concrete construction, including welded wire reinforcement. Competes downstream of Hybar for similar construction end-uses.

Broad incumbents

• EVRAZ North America: Large integrated steel producer with significant rebar and rail products across North America. Wider product portfolio than Hybar but directly competes in the rebar market.
• Liberty Steel USA: Subsidiary of global Liberty Steel Group with EAF steelmaking and downstream products in North America. Broader portfolio but overlapping rebar and scrap-based steelmaking activities.

Emerging players

• Metalico, Inc. Ferrous and non-ferrous scrap metal recycler with operations across the U.S. Smaller scale than Hybar but directly comparable as a metals recycling operator feeding the EAF steel value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hybar

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds4 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hybar