Steel Mills

Steel Dynamics Finalizes Columbus Purchase
Written by Sandy Williams
September 16, 2014
Steel Dynamics Inc. announced today the completion of the acquisition of Severstal Columbus for a purchase price of $1.625 billion.
“I would like to enthusiastically welcome the Columbus employees, community, and customers into the Steel Dynamics family,” stated Mark D. Millett, Chief Executive Officer. “The successful completion of the Columbus acquisition is an important milestone for Steel Dynamics and represents a significant step in the continuation of our growth strategy. The expected cash and earnings per share accretion and increased scale make this transaction a noteworthy strategic opportunity for our shareholders and all of our employees.”
One of North Americas’ newest mini-mills, Columbus Severstal was completed in 2007 at a cost of $980 million. A $555 million expansion in 2011 doubled the plant’s size and increased annual hot roll production capacity to 3.4 million tons. It has an annual cold rolled steel production capacity of 1.9 million net tons and 1.1 million net tons capacity for galvanized and galvannealed sheet. The mill serves customers in the OCTG and automotive sectors. Acquisition of the mill expands Steel Dynamics annual steel shipping capacity by 40 percent to 11.0 million tons.
The Columbus facility, located in Mississippi, will improve SDI’s geographic market position in the South and enhance exposure to Mexican industrial manufacturers. The mill currently employs 645 non-union employees.
The one-million square foot facility is occupies 1400 acres and includes:
Electric Arc Furnaces (2)
Ladle Metallurgy Furnaces (2)
Vacuum tank Degassers (2)
Thin Slab Casters (2)
Hot Strip Mill
Coupled Pickle Line Tandem Cold Mill
Push-Pull Pickle Line
Hydrogen Annealing Shop
Temper Mill
Hot Dipped Galvanizing lines (2)
It is one of the few North American flat rolled mills able to produce 76 inch wide hot roll, 74 inch wide cold roll and 72 inch wide galvanized sheet.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Steel Summit: Burritt says USS and Nippon are fast-tracking modern steelmaking
U.S. Steel President and CEO David Burritt told audiences at SMU's Steel Summit 2025 that the iconic American steelmaker’s partnership with Nippon Steel is fast-tracking smarter steel production.

Nucor moves to stop HRC price slide with $10/ton hike
Nucor is attempting to halt the decline in hot-rolled coil prices with the announcement of a $10-per-short-ton increase in its weekly consumer spot price on Monday.

Explosion rocks ArcelorMittal’s DR plant in Mexico
ArcelorMittal reported a "strong" explosion at the direct reduction part of its massive Lazaro Cardenas mill in Mexico.

SDI to acquire remaining stake in New Process Steel
Steel Dynamics Inc. (SDI) announced that it has agreed to acquire the remaining 55% equity interest in New Process Steel.

North Star results improve despite buyer caution as tariffs drive prices higher
North Star BlueScope said it is optimistic that US tariffs will bolster selling prices and tighten the spread the Australia-based steel maker suffered in 2025.