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GS Steel derives its name from Georgetown Steel which operates a steel plant in Georgetown, South Carolina. The South Carolina and Missouri operations were combined by Bain. [7] The South Carolina plant closed in 2003. That plant reopened in 2003 with a different owner (International Steel Group) later Mittal Steel and later ArcelorMittal. [8]
ArcelorMittal was formed in 2007 from the $33 billion acquisition of Arcelor by Mittal Steel Company. [1] [5] The merger was consummated after Mittal Steel Company raised its bid for Arcelor and the Mittal family agreed to relinquish its controlling stake in the company and execute a standstill agreement not to acquire a controlling interest without approval from independent directors.
Arcelor S.A. was the world's largest steel producer in terms of turnover and the second largest in terms of steel output, with a turnover of €30.2 billion and shipments of 45 million metric tons of steel in 2004. The company was created in 2002 by a merger of the former companies Aceralia (Spain), Usinor (France) and Arbed (Luxembourg).
In 1998, the company acquired Inland Steel Company. [4] In 1999, the company acquired Unimétal. [4] In 2001, the company acquired ALFASID and Sidex. [4] In 2004, it bought a majority stake in Iscor, renamed Mittal Steel South Africa. [6] In 2004, the company acquired Polskie Huty Stali, BH Steel, and certain Macedonian facilities from Balkan ...
Laiwu Steel (merged into Shandong Iron and Steel Group) Lone Star Steel Company (acquired by U.S. Steel in 2007) Maanshan Iron & Steel (acquired by China Baowu in 2019) Mittal Steel Company (merged with Arcelor forming ArcelorMittal) National Steel Corporation (acquired by U.S. Steel in 2003) Northwestern Steel and Wire (reorganized and ...
The economy of the Kansas City metropolitan area is anchored by Kansas City, Missouri, which is the largest city in the state [citation needed] and the 37th largest in the United States. The Kansas City metropolitan area is the 27th largest in the United States, based on the United States Census Bureau 's 2004 population estimates.