From the category archives:

Producers

Severstal’s acquisition of Sparrow’s Point

May 13, 2008

Severstal recently closed its acquisition of the Sparrow’s Point mill owned by ArcelorMittal.  The price paid by Severstal, $810 million, works out to just over $200 per ton of installed steel making capacity.  This is well below what assets have been selling for in North America.  As can be seen in the graph below, the […]

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MMK’s New Steel International Final EPA Permits

May 7, 2008

MMK’s planned steel mill in southern Ohio just received final permits from the Ohio EPA. You will be able to see the permits (though they’re not yet online) at the Ohio EPA site. A number of other application documents were linked to from this post back in February.

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US Steel Q1 earnings

April 29, 2008

Today US Steel reported first quarter 2008 financial results. EBITDA per ton was $62, which is up from Q4 2007 but down from the 2007 average of $78. There were some special charges (inventory adjustments and a litigation reserve) which reduced reported operating income and EBITDA. Excluding these charges, EBITDA was $71 per ton, which […]

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Steel Manufacturers’ Association Presentation

February 27, 2008

Below is a presentation I made recently at the SMA Board of Directors meeting in Florida. It deals with the issue of organizational size in today’s steel industry and asks some questions (more than providing any answers) about how the structure of steel organizations will change as they deal with much different dimensions of scale […]

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ThyssenKrupp’s ‘clean’ Blast Furnace in Duisburg

February 11, 2008

And on the subject of ThyssenKrupp, here’s a short video from DeutscheWelle (in English) describing the start up of the ThyssenKrupp number 8 blast furnace in Duisburg.

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ThyssenKrupp company profile, October 2007

February 5, 2008

In the continuing NoS series of gathering profiles of some of the largest steel companies in the world, here’s an extremely comprehensive profile of ThyssenKrupp Steel made by the company itself in October of 2007. There are details of the parent corporation, but much more detailed information about the two main steelmaking groups, carbon & […]

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