BlueScope Steel Limited is an Australian flat product
steel producer that was
spun-off from
BHP Billiton in 2002.
History
BlueScope was formed when
BHP Billiton spun-off its
steel assets on 15 July 2002 as BHP Steel. It was renamed BlueScope on 17 November 2003.
Early in 2004, BlueScope merged with the American firm Butler Manufacturing.
Such a merger was considered a strategic move for both companies as they were similar in character and non-overlapping in the markets they operated in, such that acquisition of Butler, based in
Kansas City,
Missouri
Missouri is a U.S. state, state in the Midwestern United States, Midwestern region of the United States. Ranking List of U.S. states and territories by area, 21st in land area, it is bordered by eight states (tied for the most with Tennessee ...
, would provide BlueScope with access to United States and Chinese markets.
Butler was founded in 1901, operated in sixteen countries and focused on non-residential building and building component construction.
At the time of the merger, Butler had a dozen production facilities across the United States, China and Mexico.
In 2007, the company acquired four companies consisting of most of the United States holdings of the Argentinian firm
Ternium, those being Steelscape, ASC Profiles, Varco Pruden Buildings; and Metl-Span, which was acquired by
NCI Building Systems
NCI Building Systems, Inc. merged with Ply Gem Parent, LLC in November 2018. In April 2019, the newly-formed company announced that it would officially operate as Cornerstone Building Brands, headquartered in Cary, North Carolina. Cornerstone Buil ...
[ Part 2 of the article appears at https://newspapers.com/clip/42441447/australian_firm_buys_steelscape_part_2/ .] in 2012. The four companies had been held by the Mexican Grupo IMSA prior to their purchase by Ternium.
Steelscape originated in 1996 as BHP Coated Steel and was originally owned by BlueScope.
In March 2012 a new coated steel manufacturing plant was inaugurated in
Jamshedpur,
India
India, officially the Republic of India ( Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the ...
.
In February 2014, BlueScope purchased
Orrcon Steel from
Hills. Its products included RHS, SHS and CHS structural tubular steel, hot-rolled str