International Steel Group
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| Industry | Steel |
|---|---|
| Fate | Acquired |
| Predecessor(s) | LTV Steel |
| Successor(s) | Mittal Steel |
| Founded | 2002 |
| Defunct | 2005 |
| Headquarters | Cleveland, Ohio, United States |
International Steel Group was a steel company headquartered in Cleveland, Ohio. In 2004 it was ranked #426 on the Fortune 500. It was created after the turn around fund, WL Ross & Co. LLC, purchased LTV Steel in February 2002. It was acquired by Mittal Steel in 2005 which merged with Arcelor to become the world's largest steel company, ArcelorMittal, in 2006.[citation needed]
[edit] History
- 2002: ISG purchased the assets of Acme Steel and LTV's integrated steel assets.
- 2003: ISG acquired the Bethlehem Steel Corporation and U.S. Steel’s Gary plate mill.
- 2004: ISG purchased the assets of Weirton Steel, Georgetown Steel, and HBI's facility in Trinidad and Tobago.
- 2005: Completed merger with Mittal Steel on April 5.
- 2006: Mittal completed merger with Arcelor.
[edit] External links
- Official site for International Steel Group via the Internet Archive Wayback Machine
- ArcelorMittal Group
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