COMPANY·HISTORIES
NAIC 331221

Cold-Rolled Steel Shape Manufacturing

How the companies in this industry began, and the forces that shaped them.

22companies1731–1999founding years22still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedBuderus AG
1731
FoundedRyerson Tull, Inc.
1842
FoundedSandvik AB
1868
FoundedIspat Inland Inc.
1893
FoundedAK Steel Holding Corporation
1899
1903
TechnologyThe Wright brothers achieve powered flight.
FoundedTata Iron & Steel Co. Ltd.
1907
FoundedStelco Inc.
1910
FoundedSIFCO Industries, Inc.
1913
1914
EconomyWorld War I begins; global trade reorders.
FoundedWheeling-Pittsburgh Corporation
1920
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
FoundedPOSCO
1968
FoundedSteel Technologies Inc.
1971
EconomyThe dollar leaves the gold standard; currencies float.
FoundedSteel Authority of India Ltd.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins.
FoundedSaudi Basic Industries Corporation (SABIC)
1976
FoundedShanghai Baosteel Group Corporation
1978
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
FoundedCalifornia Steel Industries, Inc.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1987
EconomyBlack Monday: markets fall sharply around the world.
FoundedBayou Steel Corporation
1988
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
FoundedNiagara CorporationFoundedSteel Dynamics, Inc.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
2000
EconomyThe dot-com bubble bursts.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit worldwide.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Buderus AG →
Active · founded 1731 · Germany
Buderus AG is the holding company for the German Buderus concern, best known for three main divisions producing steel,…
Ryerson Tull, Inc. →
Active · founded 1842
Ryerson Tull, Inc.
Sandvik AB →
Active · founded 1868 · Sweden
Sandvik AB is an industrial engineering group based in Sandviken, Sweden, and trading through an international network…
Ispat Inland Inc. →
Active · founded 1893
Ispat Inland Inc.
AK Steel Holding Corporation →
Active · founded 1899
AK Steel Holding Corporation is the controlling body for numerous steel production companies throughout the United…
L.B. Foster Company →
Active · founded 1902
L.B.
Tata Iron & Steel Co. Ltd. →
Active · founded 1907 · India
Tata Iron & Steel Company Ltd.
Stelco Inc. →
Active · founded 1910 · Canada
Stelco Inc.
SIFCO Industries, Inc. →
Active · founded 1913
SIFCO Industries, Inc.
Wheeling-Pittsburgh Corporation →
Active · founded 1920
Wheeling-Pittsburgh Corporation (WPC) operates as the seventh-largest integrated steel concern in the United States.
Highveld Steel and Vanadium Corporation Limited →
Active · founded 1957 · South Africa
Highveld Steel and Vanadium Corporation Limited is one of South Africa's leading vertically integrated producers of…
POSCO →
Active · founded 1968 · Kangnam-ku, Seoul
POSCO, formerly Pohang Iron and Steel Company Ltd., is among the world's leading steel producers.
Steel Technologies Inc. →
Active · founded 1971
With its headquarters located in Louisville, Kentucky, Steel Technologies Inc.
Steel Authority of India Ltd. →
Active · founded 1973 · India
The Steel Authority of India Ltd.
Saudi Basic Industries Corporation (SABIC) →
Active · founded 1976 · Saudi Arabia
Saudi Basic Industries Corporation, or SABIC, is one of the world's leading petrochemicals companies.
Shanghai Baosteel Group Corporation →
Active · founded 1978 · China
Shanghai Baosteel Group Corporation is the Chinese government-owned holding company for a group of steel, steel…
The Bing Group →
Active · founded 1980
The Detroit-based Bing Group shapes steel, stamps parts, assembles components, and performs other tasks through a…
California Steel Industries, Inc. →
Active · founded 1984
California Steel Industries, Inc.
Bayou Steel Corporation →
Active · founded 1988
Bayou Steel Corporation operates a steel 'minimill' at its 287-acre site located next to the Mississippi River 35 miles…
Niagara Corporation →
Active · founded 1993
Niagara Corporation was, in the late 1990s, the largest independent producer of cold-drawn steel bars in the United…
Steel Dynamics, Inc. →
Active · founded 1993
Steel Dynamics, Inc.
Thyssen Krupp AG →
Active · founded 1999 · Germany
Thyssen Krupp AG was created in March 1999 from the merger of two of Germany's oldest industrial giants, Thyssen AG and…
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