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Steel Dynamics, Inc. (SDI) is an American steel producer based in Fort Wayne, Indiana. With a production capacity of 13 million tons of steel, the company is the third largest producer of carbon steel products in the United States. It is among the most profitable American steel companies in terms of profit margins and operating margin per ton. [1]
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]
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 ...
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]
Among the steel varieties are Usibor 2000, which was released in 2016; it was said to be about one-third stronger than other steels then available for car-making. [3] ArcelorMittal is the largest private employer in Luxembourg. At the beginning of 2014, it employed 4,600 employees in the Grand Duchy. [4]
العربية; Asturianu; Azərbaycanca; বাংলা; Башҡортса; Беларуская; Беларуская (тарашкевіца) Bosanski
The group was formed through the purchase of 51% of Kia by Hyundai Motor Company in 1998. As of 2011, Hyundai owns 33.7% [5] of Kia Motors.. On 22 May 2022, the Hyundai Motor Group announced the company would invest an additional $5 billion in the United States by the year 2025.
The firm was renamed Coast Steel Fabricators Limited in 1952. In 1976, the firm was purchased by AGRA Inc., before being renamed AGRA Coast Limited in 1994. AGRA Inc. and its subsidiaries were acquired by British firm AMEC in 2001, with the company changing its name to AMEC Dynamic Structures. [ 1 ]