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There were about 112 minimills or specialty mills in the US, which in 2013 produced 59% of US total steel production. The specialty mills use iron and steel scrap, rather than iron ore, as feedstock, and melt the scrap in electric furnaces. Notable Specialty and Mini-Mills in the US
Most of the steel produced has been by the growing number of mini-mills, also called specialty mills, which in 2014 numbered 113. In 1981, mini-mills produced an estimated 15% of US steel. [ 13 ] Since 2002, steel produced by electric arc furnace, the process used by the mini-mills, has produced more than half the steel made in the US.
Nippon Steel sees the sale as a way to gain a substantial presence in the American market, driven, in part, by the big commitment to public works the Biden White House pushed through Congress.
In 1949, Crucible began operations in an $18 million sheet and strip mill at the Midland works, becoming the first steel mill to use hot and cold rolling of stainless and high-alloy sheet and strip. Iron Age, manufacturer of the hot reversing mill, called this a transition from a curiosity to standard production practice; ovens on both sides of ...
The $14.9 billion sale of iconic steelmaker US Steel to Japan’s Nippon Steel ends months of speculation over industry consolidation in a move criticized by union workers, but seen by one analyst ...
Officials with the Japanese company that owns the Vinton Steel minimill are considering a $420.5 million expansion of the 62-year-old facility located in El Paso County’s Upper Valley.
Because iron and steel-making at the time consumed more coal than iron ore, the steel mills moved closer to the coal mines to minimize transportation costs. Although later overshadowed by production from the Lake Superior mines, iron ore mining in New Jersey and New York continued until the 1960s. Iron mining in Pennsylvania ended in 1973.
Owen Steel Company $87 million [3] March 2007: Acquisition Assets of Nicholas J. Bouras Inc. $63 million [4] April 2012: Divestiture Heavy fabrication plant of SMI-Owen Steel $20 million [5] June 2011: Acquisition G.A.M. Steel Pty. Ltd of Australia Undisclosed [6] October 2013: Divestiture Howell Metal Company $58.5 million [7] October 2016 ...
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