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In 2014, the company acquired Severstal Columbus for $1.625 billion. The acquisition increased the company's production capacity to 11 million tons. [6] In 2016, the company acquired Vulcan Threaded Products for $126 million. [7] In 2016, the company began construction of a $100 million facility in Columbus, Mississippi. [8]
In 2014, Severstal divested its steelmaking operations in the United States, selling the former Rouge Steel plant in Dearborn, Michigan to AK Steel Holding for $700 million, and its mini-mill in Columbus, Mississippi, built in 2007, to Steel Dynamics for $1.63 billion. [27] In January 2017, the company sold Redaelli Tecna. [28]
In 2017, there were 9 operating integrated steel mills in the United States (plus one idled), down from 13 in 2000. Integrated mills produced 31% of the steel produced in the US. In an integrated steel mill, iron ore is reduced to metallic iron.
The steelmaker's CEO David Burritt told WSJ the nearly $3 billion Nippon had pledged to invest in U.S. Steel's older mills was crucial to remain competitive and maintain workers' jobs. "We wouldn ...
Mississippi University for Women. Columbus Municipal School District. Lowndes County School District. International Paper Columbus Mill and Columbus Modified Fiber. Steel Dynamics, Inc. (steel manufacturer). Paccar (diesel engines). American Eurocopter (military aircraft). Baldor (electric motors). Nouryon (sodium chlorate production).
Dr. Mark Fettman, who lives in Oregon, is facing more than 140 criminal charges. He is accused of running a pill mill on Columbus' North Side.
The acquisition would also include a coke-making facility and interests in three joint ventures that process flat-rolled steel products. [1] Severstal also announced at that time that it would sell a separate steel-making facility in Columbus, Mississippi to Steel Dynamics for $1.63 billion. [2] Cleveland-Cliffs acquired AK Steel Dearborn Works ...