Steel Mills

SSAB Americas Moving Headquarters
Written by Sandy Williams
October 18, 2017
SSAB Americas is moving its head office from Chicago to Mobile to be near to its Axis, Ala., steel mill.
“Mobile is a growing community with a booming economy; we are excited to expand our presence in the area as a trusted employer and community partner,” said Chuck Schmitt, President, SSAB Americas. “Moving our team to Mobile will ensure that our senior leaders and support staff work in closer proximity to our front-line operations, where key decisions are made for our business and customers.”
The transition will take place through 2018 and will relocate approximately 60 staff and SSAB executives.
“SSAB’s decision to relocate its North American headquarters to Mobile reflects the success the company has experienced with its Alabama steel mill, which continues to chart a growth path,” said Greg Canfield, secretary of the Alabama Department of Commerce. “With this headquarters project, SSAB will not only create high-paying jobs, but also solidify its presence in the state.”

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Cliffs idles Steelton, Riverdale, and Conshohocken operations
Cliffs has idled facilities in Riverdale, Ill., and Conshohocken and Steelton, Pa.

Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.

AISI: Raw steel production backs off multi-year high
US raw steel output edged lower last week after hitting a multi-year high in mid-June, according to the American Iron and Steel Institute (AISI).

Private equity firm Atlas Holdings to acquire Evraz North America
Atlas Holdings said it has signed a definitive agreement to acquire Evraz North America (Evraz NA). The Greenwich, Conn.-based private equity firm said it expects the deal for the Chicago-based steelmaker to close in the second quarter of 2025 subject to various closing condition.

Granite City Works must remain open and other terms of the Nippon-USS deal
SEC documents also name Trump specifically as having veto power certain decisions are part of the “Golden Share” provision.