Steel Strip

Mittal Steel USA has decided to locate its headquarters in downtown Chicago, not northwest Indiana as some economic development leaders there had hoped.The decision did not come as a surprise because Mittal Steel N.V. chairman Lakshmi Mittal had said over the summer that the company was leaning toward Chicago. The company’s new offices will be [...]

I am going a bit “off-topic” here, but I came across a website run by an old friend from “years back” that I worked with at Brinsworth Strip Mills. At that time the company was part of British Steel, having previously been “Steel Peech and Tozer”, which in turn was part of the United Steel [...]

Minnesota Steel revises plant plans
IRON RANGE:The first steelmaking plant on the Range will produce slabs rather than coils.
The first Iron Range steelmaking plant will manufacture a niche product not produced elsewhere in the United States, according to a revised plan.
Minnesota Steel would produce steel slabs rather than hot-rolled coil, as first proposed, said John Elmore, [...]

Turkish company wins tender for national steelmaker
Turkey’s OYAK, an industrial venture representing the army pension fund, placed the highest bid of 2.77 billion dollars (2.32 billion euros) for a 46.12-percent stake in the country’s biggest steel company, Erdemir.
OYAK was one of six bidders, including the world’s top steelmaker, Mittal, based in the Netherlands, and the [...]