Nerds of Steel

Here’s BlueScope’s detailed description of the what they just acquired from Ternium. Follow the link below and download the original from the link on the righthand side of the page.

BlueScopeSteelpresentation20Dec07[1].pdf

More consolidation in the scrap industry. Here’s a nice overview of the acquisition of Metal Management by Sims. It’s a PDF file which will show up here somehow both to read and for download. Sims-Group-Merger-Presentation-Sep2007.pdf

Here are the Steel Dynamics files relating to the Omnisource scrap processor acquisition. There’s a PDF file: SDI-Omnisource and there’s an audio file from the conference call on October 2, 2007.

It’s a full hour: SDI’s OMNISOURCE Acquisition Podcast

A senior steel industry manager who had just been offered a promotion to head office was reflecting on his choice. Looking for guidance, he asked a colleague for advice. ‘Just add value,’ was the terse reply. His implication of course was that corporate ‘overhead’ usually doesn’t. His deeper implication was that real value is only added in the operating units. In the new world of the steel industry, that bias could be costing steel companies growth and performance.

Steel industry employees have long been suspicious of corporate headquarters - with good reason.

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Here’s some of the largest steel company data from Metal Bulletin. Just click on the link below to be taken to a full version of the spreadsheet snapshot shown here.

EditGrid Spreadsheet by user/jasmo58.