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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.
Worthington Steel is a publicly traded (NYSE:WS) steel processing company headquartered in Columbus, Ohio.Worthington Steel is an independent, intermediate processor of carbon flat-rolled steel in the United States, purchasing steel from integrated steel mills and mini-mills and custom processing it in areas such as type, length, width, thickness, shape and surface quality. [1]
In 1968 a cold rolling mill became operational after three years of construction; plans for addition of steel production and hot rolling were initiated in the same period, but cancelled in 1967. [5] In 1969 the works was combined with several other steel producing works including those in VVB Stahl- und Walzwerke Berlin and VVB Eisenerz ...
Cleveland-Cliffs manages and operates four iron ore mines in Minnesota and two mines in Michigan, one of which, the Empire Mine, has been indefinitely idled. [3] These mines produce various grades of iron ore pellets, including standard and fluxed, for use in blast furnaces as part of the steelmaking process as well as Direct Reduced (DR) grade pellets for use in direct reduced iron (DRI ...
Inland Steel was acquired by Ispat International in 1998. [14] Both the Indiana Harbor mill and Youngstown Steel mill were absorbed and merged by ArcelorMittal in 2004 [15] and subsequently sold to Cleveland-Cliffs in 2020. [16] [17] [18] The Indiana Harbor Public Library and Marktown Historic District are listed in the National Register of ...
Mittal Steel Company N.V., incorporated in the Netherlands and headquartered in the United Kingdom, was a steel producer. In 2006, it produced 110.5 million tonnes of steel and had annual production capacity of 138 million tons of steel. [1] In August 2006, it acquired Arcelor to form ArcelorMittal.
ISG merged with Mittal, now ArcelorMittal) Bohai Steel Group (bankrupted in 2016) British Steel Corporation formed in 1967 when steel was nationalised in the UK. Privatised again in 1988. British Steel plc (merged with Koninklijke Hoogovens (NL) in 1999 to form Corus, now Tata Steel) Carnegie Steel Company (sold to U.S. Steel in 1901)
International Steel Group Inc. (ISG), headquartered in Cleveland, Ohio, was one the largest integrated steel producers in North America. It had annual raw steel production capability of 23 million net tons. [1] In April 2005, the company was acquired by Mittal Steel Company.