MarketUsinor
Company Profile

Usinor

Usinor was a French steel making group formed in 1948. The group was merged with Sacilor in 1986, becoming Usinor-Sacilor and was privatised in 1995, and renamed Usinor in 1997.

History
Sacilor and predecessors In 1704 Jean Martin de Wendel bought an ironworks in Hayange, Lorraine in north-eastern France. Over the next one hundred years industrial production grew, and, in 1822 the first coke fired blast furnace in France was constructed. Further growth occurred under de Wendel family ownership in the next century; in 1850 approximately 20,000 tons of iron and cast iron each were produced, by 1869 this had increased 15 blast furnaces and a production of well over 100,000 tons of cast iron and iron each. Production included rails, bars, sheet, tin and wire. The company was split as a result of the Alsace-Lorraine region becoming part of Germany after that country's victory in the Franco-Prussian War in 1870. After Germany's defeat in the First World War the region returned to France, and the factories regained. Production continued to increase, with over 1.5million tons of iron and cast iron each produced in 1929. (France for the construction of a modern steel plant in Gandrange, Lorraine. The groups themselves merged with SMS in 1967, forming de Wendel-Sidélor; in 1968 this group produced 40% of French production: 20million tons of Iron. The company was formed for the consolidation of the steel works in the region, with a new plant in Denain, opened in 1952. Another factory, dedicated to steel sheet production, was opened in Dunkirk in 1971, receiving materials by sea and from abroad. Usinor restructured as primarily a flat carbon steel producer in the last years of the 20th century, and disposed of several speciality steel product and long steel product businesses: the Usinor/Cockerill owned rolling mill manufacturer Forcast was sold to Akers (company) in 1998; in 1998-9 the subsidiary: Unimetal (long products) and its subsidiaries Trefileurope, and Societe Metallurgique de Revigny (SMR) were sold to Ispat International (later Mitall Steel Company) for approximately $107 million (693 million francs); railway wheelset and axle manufacturing subsidiaries Valdunes and RTM were sold to Freedom Forge Holding (Standard Steel, USA) in 1998; railway rail manufacturing subsidiary Sogerail (Hayange, France) was sold to British Steel plc in 1999. the special long products and forged products subsidiary Ascometal was sold to Lucchini S.p.A. in 1999; and the electrical steel subsidiary UGO (Usinor Grains Orientés SA) was sold to Thyssen Krupp in 2000. In 2001/2 the group merged with Arbed of Luxembourg and Aceralia of Spain to form Arcelor. ==References==
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