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The value of iron and steel produced in 2014 was $113 billion. [2] About 0.3% of the US population is employed by the steel industry. [3] As of 2022, major steel-makers in the United States included Cleveland-Cliffs, Carpenter Technology, Commercial Metals Company, Nucor, Steel Dynamics, and U.S. Steel. [4]
In 1930, the company purchased 63% of Cleveland’s Corrigan-McKinney Steel company, owners and operators of one of the “…finest steel plants in the country.” Corrigan-McKinney was estimated to have assets of $60 – 65 million (US)(equivalent to $1,064,651,000 in 2023). [13] In 1934, Cleveland Cliffs shareholders approved the purchase. [14]
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 operating as Sterling Steel Company)
The company is now owned by the larger toy corporation Alex Brands, but Slinkys are still made at the same facility in Hollidaysburg, Pennsylvania — which closed down in 2020 but got news of a ...
AK Steel Holdings Corporation was an American steelmaking company headquartered in West Chester Township, Ohio. The company, whose name was derived from the initials of Armco, its predecessor company, and Kawasaki Steel Corporation , was acquired by Cleveland-Cliffs in 2020.
A former engineer at a Kentucky steel manufacturer admitted taking more than $452,000 in kickbacks to steer business to a contractor. Jaymin G. Vinson pleaded guilty in federal court in Covington ...