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Last $7.40 USD
Change Today +0.57 / 8.35%
Volume 9.6M
X On Other Exchanges
New York
As of 8:04 PM 02/12/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

600 Grant Street

Pittsburgh, PA 15219

United States

Phone: 412-433-1121


ng Company (Tilden), which is based in Ishpeming, Michigan. Tilden’s rated annual production capability is 8.7 million tons of iron ore pellets, of which the company’s share is approximately 1.3 million tons, reflecting its ownership interest. The company participates in various additional joint ventures that are included in Flat-rolled, majority of which are conducted through subsidiaries or other separate legal entities. The company and POSCO of South Korea participate in a 50-50 joint venture, USS-POSCO Industries (UPI), located in Pittsburg, California. The joint venture markets sheet and tin mill products, principally in the western United States. UPI produces cold-rolled sheets, galvanized sheets, tin plate and tin-free steel from hot bands principally provided by the company and POSCO. UPI’s annual production capability is approximately 1.5 million tons. The company and Kobe Steel, Ltd. of Japan participate in a 50-50 joint venture, PRO-TEC Coating Company (PRO-TEC). PRO-TEC owns and operates two hot dip galvanizing lines and a continuous annealing line (CAL) in Leipsic, Ohio, which primarily serve the automotive industry. PRO-TEC’s annual production capability is approximately 1.7 million tons. The company’s domestic production facilities supply PRO-TEC with cold-rolled sheets, and the company markets all of its products. PRO-TEC constructed and financed the CAL that began operations during 2013. The CAL produces steels that are an integral component in automotive manufacturing. The company has a 50 percent ownership in Double Eagle Steel Coating Company (DESCO) that operates an electrogalvanizing facility located in Dearborn, Michigan. The facility coats sheet steel with free zinc or zinc alloy coatings, primarily for use in the automotive industry. DESCO’s annual production capability is approximately 870,000 tons. The company and ArcelorMittal Dofasco, Inc. participate in the Double G Coatings Company, L.P. a 50-50 joint venture (Double G), which operates a hot dip galvanizing and Galvalume facility located near Jackson, Mississippi and primarily serves the construction industry. Double G processes steel supplied by each partner and each partner markets the steel it has processed by Double G. Double G’s annual production capability is approximately 315,000 tons. The company and Worthington Industries, Inc. participate in Worthington Specialty Processing (Worthington), a joint venture with locations in Jackson, Canton, and Taylor, Michigan in which the company has a 49 percent interest. Worthington slits, cuts to length, and presses blanks from steel coils to desired specifications. Worthington’s annual production capability is approximately 890,000 tons. Chrome Deposit Corporation (CDC), a 50-50 joint venture between the company and Court Holdings, reconditions finishing work rolls, which require grinding, chrome plating, and/or texturing. The rolls are used on rolling mills to provide finishes on steel sheets. CDC has seven locations across the United States, with all locations near major steel plants. Feralloy Processing Company, a joint venture between the company and Feralloy Corporation, converts coiled hot strip mill plate into sheared and flattened plates. The company has a 49 percent interest. The plant, located in Portage, Indiana, has annual production capability of approximately 275,000 tons. The company and Feralloy Corporation participate in a joint venture, Acero Prime, S.R.L. de CV (Acero Prime). The company has a 40 percent interest. Acero Prime has facilities in San Luis Potosi, Ramos Arizpe, and Toluca, Mexico. Acero Prime provides slitting, warehousing, and logistical services. Acero Prime’s annual slitting capability is approximately 385,000 tons. USSE USSE consists of USSK and its subsidiaries. USSK operates an integrated facility in Košice, Slovakia, which has annual raw steel production capability of 5.0 million tons. This facility has two coke batteries, four sintering strands, three blast furnaces, four steelmaking vessels, a vacuum degassing unit, two dual strand casters, a hot strip mill, two pickling lines, two cold reduction mills, three annealing


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