Severstal Sells Four Northern Steel Group Companies

May 2010
Metal Center News;May2010, Vol. 50 Issue 6, p40
Trade Publication
The article offers news briefs related to the U.S. metal industry. Aurora Resurgence and Severstal North America Inc. of Dearborn, Michigan have settled an agreement for the sale of the Severstal's Northern Steel Group of service center companies. PTC Alliance Corp. of Wexford, Pennsylvania has been authorized by the U.S. Bankruptcy Court to sell its assets. Gerdau Ameristeel Corp. of Tampa, Florida is one of the companies included in the Clean Technology Index.


Related Articles

  • GERDAU ACQUIRES SHEFFIELD STEEL.  // Metal Producing & Processing;Mar/Apr2006, Vol. 44 Issue 2, p5 

    The article focuses on the planned acquisition of Sheffield Steel Corp. by Gerdau Ameristeel Corp. The company will assume the debts and other long-term liabilities of Sheffield Steel. Company CEO Mario Longhi talks about the significance of the acquisition of Sheffield Steel. Sheffield Steel...

  • Bankrupt firm's creditors unlikely to rubber-stamp sale. Andrews, Greg // Indianapolis Business Journal;5/18/2009, Vol. 30 Issue 11, p4 

    In this article the author relates his views on the plan of bankrupt company Norwood Promotional Products Inc. in selling itself to Aurora Resurgence for $133 million in 2009 in the U.S. He states that Norwood has a story of being burdened with unrestrained debts. He emphasizes the impact of the...

  • SEVERSTAL OPENS NEW STEELMAKING FACILITIES.  // Modern Metals;Sep2012, Vol. 68 Issue 8, p12 

    The article reports that Severstal North America held a "Dearborn Reborn" themed opening in June 2012 for its 1.4 billion-dollar steelmaking facilities at its Dearborn, Michigan headquarters.

  • Severstal Opens New Cold Mill in Dearborn.  // Metal Center News;Sep2011, Vol. 51 Issue 10, p46 

    The article reports on the launch of a five-stand, six-high, 72-inch-wide coupled pickle line tandem cold mill (PLTCM) by Severstal North America Inc. at its plant in Dearborn, Michigan which is expected to produce full capacity of 2.1 million net tons within six months.

  • Steel Industry Profile: Brazil.  // Steel Industry Profile: Brazil;Sep2010, p1 

    Presents a profile of the Steel industry in Brazil. Executive summary of the industry; Market overview; Market value; Market segmentation; Competitive landscape; Leading companies in the industry; Market forecasts; Demographics; Further reading.

  • Briefs.  // Metal Center News;Nov2004, Vol. 44 Issue 12, p53 

    The article presents news relating to metal industry. Gerdau Ameristeel Corp. is selling 70 million shares of common stock to the public through an underwriting syndicate, at $4.70 each or Cdn $5.00 per share. Structural Metals Inc. has completed reinstallation of its repaired primary electric...

  • trade talk.  // Modern Metals;Oct2007, Vol. 63 Issue 9, p16 

    This section offers news briefs related to the metals industry in the U.S. Centria Moon in Township, Pennsylvania will sponsor the 2007 Carnegie Mellon University's Solar Decathlon. Gerdau Ameristeel Corp., of Tampa, Florida announced that it has completed its acquisition of Chaparral Steel Co.,...

  • GERDAU AMERISTEEL TO USE SCRAP TIRES AS FUEL.  // Metal Center News;May2005, Vol. 45 Issue 6, p56 

    The article reports that metal industry firm Gerdau Ameristeel Corp. has acquired a license to use the patented Stebbing Engineering Scrap Tire Process in its minimills. The process uses scrap tires to partially replace the coal or coke used in electric arc furnace steel production. The carbon...

  • People.  // Metal Center News;Mar2005, Vol. 45 Issue 3, p48 

    The article presents information about recent personnel changes in the metal industry in the U.S., as of March 1, 2005. Ansonia Copper & Brass Inc. has promoted John Barto from general manager of the Tube Division to vice president and general manager of the Tube Division. AK Steel has hired...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics