BNET Industries
Last Fiscal Year Sales:$750.0M
- Private
- US
Dow Jones Description
Severstal Warren is an integrated flat-rolled steel producer based in Warren, Ohio, with an emphasis on custom carbon, alloy and ultra high strength steel products. Severstal Warren offers approximately 185 grades of high-quality steel used by strip converters, processors, service centers, construction products companies and, to a lesser extent, the automotive industry. End uses for Severstal Warren steel include car bumpers and side door intrusion beams, garden tools, golf club shafts, aircraft parts and culvert for the construction industry. Severstal Warren's steelmaking heritage dates back to 1912, when the Trumbull Steel Company first began making steel on the site where Severstal Warren now stands. We now employ 1,300 skilled men and women who drive our corporate mission of "Custom Steel. Custom Service. Creative Solutions." In July 2008, WCI Steel became part of Severstal International, the fourth largest steel producer in the United States. Severstal Warren has the capability to produce the broadest range of steel grades of any steel producer in the United States. Severstal Warren recently completed the installation of a walking beam slab reheat furnace at our hot strip mill that has improved quality, reduced operating costs and increased production of custom steel products. Severstal Warren's strength is indeed built on "Custom Steel. Custom Service. Creative Solutions." ...
Number of Employees 2,999
Peer Companies
NAICS Code Iron and Steel Mills: 331111
News & Analysis
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wci steel inc. - All News and Analysis
WCI Steel Warren Continues Multi-Phased Upgrades, an Industrial Info News Alert
SUGAR LAND, Texas -- Researched by Industrial Info Resources (Sugar Land, Texas). After emerging from Chapter 11 bankruptcy earlier this year, WCI Steel (Warren, Ohio) is continuing a series of three mill upgrades, which began construction earlier this year. For details, view the entire article by subscribing to Industrialinfo.com's...
Maxager Technology Announces New Customers Severstal, Timken, WCI Steel and Wheeling Pittsburgh
Steel Success Strategies XXI Conference -- Maxager Technology, the original provider of velocity-driven enterprise profit optimization solutions , today announced new Maxager 7 customers including Severstal North America ( www.severstalna.com ), The Timken Company ( www.timken.com ), WCI Steel ( www.wcisteel.com ) and Wheeling Pittsburgh Steel ( www.wpsc.com )....
APS Financial Corporation Updates Coverage of WCI Steel, Inc. High Yield Notes
APS Financial Corporation has updated coverage of WCI Steel, Inc.'s High Yield Notes (bond symbol: WRN). WCI Steel, Inc. is being covered by Senior High Yield Analyst Andy S. Leinoff. For more information and a copy of the comprehensive research report, please contact High Yield Associate Analyst Grant...
Sale of International Steel won't affect Warren, Ohio-based firm, official says.
By Cynthia Vinarsky, Vindicator, Youngstown, Ohio Knight Ridder/Tribune Business News Oct. 26--AKRON, Ohio -- Monday's sale of Cleveland-based International Steel Group Inc. to a Dutch-owned steelmaker probably won't have any short-term effect on WCI Steel in Warren as it works to...
Owner of Warren, Ohio, steel mill argues bondholders deserve less.
By Cynthia Vinarsky, Vindicator, Youngstown, Ohio Knight Ridder/Tribune Business News Oct. 21--WARREN, Ohio -- WCI Steel's millionaire owner Ira Rennert has just one gripe about his plan to buy the Warren steel mill out of bankruptcy: He thinks it would pay too...
Groups vying for Ohio's WCI Steel to sum up plans in bankruptcy court.
By Cynthia Vinarsky, Vindicator, Youngstown, Ohio Knight Ridder/Tribune Business News Oct. 8--WARREN, Ohio -- Workers at WCI Steel have a few more weeks to wait before the fate of the Warren steelmaker is decided by a U.S. bankruptcy judge in Akron. ...
Bondholders, owner differ on value of bankrupt WCI Steel.
By Cynthia Vinarsky, Vindicator, Youngstown, Ohio Knight Ridder/Tribune Business News Sep. 3--AKRON, Ohio -- Just how much is WCI Steel worth? Most of this week's testimony in U.S. Bankruptcy Court here has focused on that key question, one that could determine...
Partnership from New York joins in bid for Warren, Ohio-based steel company.
By Cynthia Vinarsky, Vindicator, Youngstown, Ohio Knight Ridder/Tribune Business News Aug. 31--AKRON, Ohio -- Two competing buyers sparring for the right to own WCI Steel of Warren learned that a third contender is waiting to enter the ring. WCI,...
Warren, Ohio-based steel firm workers vote to ratify contract agreement.
By Peter H. Milliken, Vindicator, Youngstown, Ohio Knight Ridder/Tribune Business News Jul. 16--WARREN, Ohio -- The president of the union representing workers at WCI Steel said he thinks Thursday's ratification vote will help speed up WCI's emergence from bankruptcy. ...
Workers at WCI Steel in Warren, Ohio, consider proposed labor contract.
By Don Shilling, Vindicator, Youngstown, Ohio Knight Ridder/Tribune Business News Jun. 29--WARREN, Ohio -- Longtime WCI Steel workers smiled after hearing about details of a proposed labor contract. The deal includes some assurances that pensions will be paid in full...
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