Final Thoughts

Severstal is celebrating 10 years of ownership of the former Rouge Steel plant in Dearborn, Michigan. The company purchased Rouge Steel for $290 million in 2004 and saved the mill from going out of business. Severstal has invested more than $1.7 billion and dramatically altered the face and the future of the mill. Steel Market Update wishes all of our friends at Severstal continued growth and prosperity.

By coincidence our next Steel 101: Introduction to Steelmaking & Market Fundamentals workshop will be held in Dearborn, Michigan at The Henry (hotel) and will include a tour of the Severstal Dearborn fully integrated steel mill. Our last tour of the Dearborn mill was outstanding and the highlight for everyone – including our instructors who have been through many mills over the years. Class size is limited and we already have begun taking registrations. The dates will be May 6th and 7th, 2014. There is much more information available on our website including how to register.