COMPANY·HISTORIES
NAIC 331513

Steel Foundries

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

9companies1731–1999founding years9still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedBuderus AG
1731
FoundedGeorg Fischer AG Schaffhausen
1802
FoundedSandvik AB
1868
FoundedUnited States Steel Corporation
1901
FoundedBenguet Corporation
1903
TechnologyThe Wright brothers achieve powered flight.
FoundedAktiebolaget SKF
1907
1914
EconomyWorld War I begins; global trade reorders.
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.
1971
EconomyThe dollar leaves the gold standard; currencies float.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins.
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1987
EconomyBlack Monday: markets fall sharply around the world.
1989
HistoryThe Berlin Wall falls; global markets open up.
FoundedAtchison Casting CorporationFoundedImatra Steel Oy Ab
1991
TechnologyThe World Wide Web is released to the public.
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.
FoundedThyssen Krupp AG
1999
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,…
Georg Fischer AG Schaffhausen →
Active · founded 1802 · Switzerland
Switzerland's Georg Fischer AG Schaffhausen is a world-leading industrial engineering group engaged in four primary…
Sandvik AB →
Active · founded 1868 · Sweden
Sandvik AB is an industrial engineering group based in Sandviken, Sweden, and trading through an international network…
United States Steel Corporation →
Active · founded 1901
The United States Steel Corporation is the largest integrated steel company in the United States and the 11th largest…
Benguet Corporation →
Active · founded 1903 · Philippines
Former Philippines mining giant Benguet Corporation has been redefining itself as a "total natural resource development…
Aktiebolaget SKF →
Active · founded 1907 · Sweden
Aktiebolaget SKF is the acknowledged leader of the world's rolling bearing industry.
Atchison Casting Corporation →
Active · founded 1991
Atchison Casting Corporation produces iron, steel, and nonferrous castings and forgings for customers involved in more…
Imatra Steel Oy Ab →
Active · founded 1991 · Finland
Imatra Steel Oy Ab is a specialist manufacturer of steel and steel components for the automotive and mechanical…
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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