Oregon Steel Mills, Inc.
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Evraz Oregon Steel Mills is a subsidiary of the
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steel producer
Evraz Group EVRAZ plc () is a UK-incorporated multinational steel manufacturing and mining company part-owned by Russian oligarchs. It has operations mainly in Russia as well as the USA, Canada, and Kazakhstan. Its listing on the London Stock Exchange (LSE ...
and has operations in
Portland, Oregon Portland ( ) is the List of cities in Oregon, most populous city in the U.S. state of Oregon, located in the Pacific Northwest region. Situated close to northwest Oregon at the confluence of the Willamette River, Willamette and Columbia River, ...
,
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, and also with facilities in
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and
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. The company produces items such as structural tubing, pipes, and steel rails.


History

Oregon Steel began as Gilmore Steel in 1926 when William G. Gilmore started the company. Thomas Boklund became president of Oregon Steel Mills in 1982, CEO in 1985 and chairman of the board in 1992.Jim Springhetti
Oregon Steel Mills' Boklund dies at 69
''Oregonlive.com'', 31 December 2008
In 1987 the company became Oregon Steel Mills. and went public in 1988 (trading on the
NYSE The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...
as OS), launching a series of acquisitions. In 1993, OSM purchased Colorado Fuel and Iron. In January 2007
Evraz Group EVRAZ plc () is a UK-incorporated multinational steel manufacturing and mining company part-owned by Russian oligarchs. It has operations mainly in Russia as well as the USA, Canada, and Kazakhstan. Its listing on the London Stock Exchange (LSE ...
S.A. of
Russia Russia, or the Russian Federation, is a country spanning Eastern Europe and North Asia. It is the list of countries and dependencies by area, largest country in the world, and extends across Time in Russia, eleven time zones, sharing Borders ...
bought OSM for $2.3 billion.Campoy, Ana
Evraz: US committee OKs Oregon Steel Mills acquisition.
MarketWatch. Retrieved on March 28, 2007.
In February 2010, Jim Declusin stepped down as CEO of Evraz Oregon Steel Mills after 4 years in office. In January 2011, the company announced moving its headquarters from Portland to Chicago. In April 2020, Evraz Oregon Steel Mills stopped operating its Portland spiral pipe mill, leading to 230 permanent job cuts. This decision follows the gas and oil industry's downturn amid the coronavirus crisis. 65 more workers were laid off in June 2020 at its North Portland mill. This pipe mill had closed in 2009 and reopened in 2012 following the nation's boost in natural gas and oil drilling production. The facilities in Oregon were using steel slabs imported from Russia, but importing steel from Russia became much more expensive (25% import tariff) during the Trump administration. Evras Oregon Steel Mill is the only steel sheet mill west of the Rockies. Evraz was the largest carbon emitter of the city of Portland. As a result of sanctions placed against it as a result of the
2022 Russian invasion of Ukraine On 24 February 2022, , starting the largest and deadliest war in Europe since World War II, in a major escalation of the Russo-Ukrainian War, conflict between the two countries which began in 2014. The fighting has caused hundreds of thou ...
, on August 10, 2022, Evraz announced its intention to sell its North American assets.


Operations

OSM operates a variety of
steel Steel is an alloy of iron and carbon that demonstrates improved mechanical properties compared to the pure form of iron. Due to steel's high Young's modulus, elastic modulus, Yield (engineering), yield strength, Fracture, fracture strength a ...
production facilities. These include a plate mill at their OSM Rolling Mill at the Portland Steelworks in Portland, Oregon. OSM manufactures
armor Armour (Commonwealth English) or armor (American English; see American and British English spelling differences#-our, -or, spelling differences) is a covering used to protect an object, individual, or vehicle from physical injury or damage, e ...
plating for the U.S. military. Also at the Portland Steelworks is OSM Tubular that makes
pipes Pipe(s), PIPE(S) or piping may refer to: Objects * Pipe (fluid conveyance), a hollow cylinder following certain dimension rules ** Piping, the use of pipes in industry * Smoking pipe ** Tobacco pipe * Half-pipe and quarter pipe, semi-circu ...
for use in areas such as oil and natural gas transmission, this plant was closed in 2015. Oregon Steel's Canadian operations also produce tubular steel products. In Oregon, OSM also operates a structural tubing facility, the only producer in the Northwest, this plant was sold in 2015. In Colorado, OSM's Rocky Mountain Steel subsidiary operates three production facilities. One facility makes rails for
railroads Rail transport (also known as train transport) is a means of transport using wheeled vehicles running in tracks, which usually consist of two parallel steel rails. Rail transport is one of the two primary means of land transport, next to road ...
, one rods and bars for construction, and the third plant manufactures seamless pipes. These facilities were part of the Colorado Fuel and Iron Company, founded in 1881 and bought by OSM in 1993.Rocky Mountain Steel Mills.
Oregon Steel Mills. Retrieved on March 28, 2007.


Bibliography

* Roger S. Ahlbrandt, ''The Renaissance of American Steel''. Oxford University Press. 1996.


References


External links



{{FormerORCompanies Defense companies of the United States Manufacturing companies established in 1926 Steel companies of the United States 1926 establishments in Oregon Manufacturing companies based in Portland, Oregon Companies based in St. Johns, Portland, Oregon 2007 mergers and acquisitions American subsidiaries of foreign companies Evraz Rail infrastructure manufacturers