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Reverted 1 edit by Grace0011 (talk) to last revision by VulcanSphere

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{{Short description|American steel producer}}
{{Infobox company
| name = Evraz Oregon Steel Mills, Inc.
| logo = Evraz.svg
| type = [[Subsidiary]]
| foundation = 1926: Launched as Gilmore Steel<br/>1987: became Oregon Steel<br/>2007: Oregon Steel Mills became Evraz Oregon Steel Mills
| location = [[Chicago, Illinois]], [[United States]]
| key_people = James E. Declusin, President & CEO
| founder = William G. Gilmore
| industry = [[Steel industry]]
| products = rails, structural tubing, pipes
| revenue = $1,258 million
| operating_income =
| net_income = {{profit}} $ 110 million (FY 2005)
| num_employees = 2,000 (2006)
| parent = [[Evraz Group]] {{lse2|EVR}}
| divisions =
| subsid = [[Colorado and Wyoming Railway]], [[Colorado Fuel and Iron]], Columbia Structural Tubing <ref>{{cite web|title=Steel Shape Producers & HSS Producers|url=http://www.aisc.org/MSCTemplate.cfm?Section=Steel_Availability2&template=/SteelAvailability/ProducerInfo.cfm|publisher=[[American Institute of Steel Construction]]|access-date=2008-11-12}}</ref>
| homepage = [http://www.evrazna.com/ Evrazna.com]
| footnotes = Financial data.<ref name="hoovers">[http://www.hoovers.com/oregon-steel-mills/--ID__12208--/free-co-factsheet.xhtml Oregon Steel Mills, Inc.] Hoovers. Retrieved on March 28, 2007.</ref>
}}

'''Evraz Oregon Steel Mills''' is a subsidiary of the [[Russia]] steel producer [[Evraz Group]] and has operations in [[Portland, Oregon]], [[United States]], and also with facilities in [[Colorado]] and [[Alberta]]. 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.<ref name="humber">{{cite news |last=Humber |first=Yuriy |url=http://seattletimes.nwsource.com/html/businesstechnology/2003440728_oregonsteel21.html?syndication=rss |title=Russia's No. 1 steelmaker buying Oregon Steel Mills |newspaper=The Seattle Times |date=November 21, 2006 |access-date=10 July 2017}}</ref>

Thomas Boklund became president of Oregon Steel Mills in 1982, CEO in 1985 and chairman of the board in 1992.<ref name="oregonlive boklund">Jim Springhetti, [https://www.oregonlive.com/business/2008/12/oregon_steel_mills_boklund_die.html Oregon Steel Mills' Boklund dies at 69], ''Oregonlive.com'', 31 December 2008</ref> In 1987 the company became Oregon Steel Mills.<ref name="humber"/> and went public in 1988 (trading on the [[NYSE]] as OS), launching a series of acquisitions.<ref name="oregonlive boklund"/> In 1993, OSM purchased [[Colorado Fuel and Iron]].<ref>[https://query.nytimes.com/gst/fullpage.html?res=9905E4D6103CF932A35756C0A965958260 Oregon Steel Mills Inc. reports earnings for Qtr to March 31.] ''[[The New York Times]]'', May 1, 1993.</ref>

In January 2007 [[Evraz Group]] S.A. of [[Russia]] bought OSM for $2.3 billion.<ref name=market>Campoy, Ana. [http://www.marketwatch.com/news/story/evraz-us-committee-oks-oregon/story.aspx?guid=%7B7CF4F12E-1425-4CCA-B3EF-D74DA1D71B6C%7D Evraz: US committee OKs Oregon Steel Mills acquisition.] MarketWatch. Retrieved on March 28, 2007.</ref> In February 2010, Jim Declusin stepped down as CEO of Evraz Oregon Steel Mills after 4 years in office.<ref>[https://www.oregonlive.com/business/2010/02/jim_declusin_steps_down_as_ore.html Jim Declusin steps down as Oregon Steel Mills CEO], ''Oregonlive.com'', 6 February 2010</ref> In January 2011, the company announced moving its headquarters from Portland to Chicago.<ref>Richard Read, [https://www.oregonlive.com/business/2011/01/evraz_parent_company_of_oregon.html Evraz North America moving headquarters from Portland to Chicago], ''Oregonlive.com'', 20 January 2011</ref>

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.<ref>Pete Danko, [https://www.bizjournals.com/portland/news/2020/04/06/evraz-oregon-steel-mills-cutting-230-jobs-in.html Evraz Oregon Steel Mills cutting 230 jobs in Portland], ''Bizjournals.com'', 6 April 2020</ref> 65 more workers were laid off in June 2020 at its North Portland mill.<ref>[https://www.oregonlive.com/business/2020/06/evraz-will-lay-off-another-65-at-portland-steel-mill-amid-significant-business-downturn.html Evraz will lay off another 65 at Portland steel mill amid ‘significant business downturn’], ''Oregonlive.com'', 10 June 2020</ref> This pipe mill had closed in 2009 and reopened in 2012 following the nation's boost in natural gas and oil drilling production.<ref>[https://www.oregonlive.com/business/2012/10/evraz_oregon_steel_will_fire_u.html Evraz Portland will fire up Oregon Steel mill closed in 2009, hiring 200], ''Oregonlive.com'', 17 October 2012</ref> 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.<ref>Polina Ivanova, [https://www.reuters.com/article/russia-evraz-rails-idUSL8N1WZ54E Russian steelmaker Evraz weighs up new U.S. rail mill, capex soars], ''Reuters.com'', 19 October 2018</ref> 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.<ref>Nigel Jaquiss, [https://www.wweek.com/news/2021/01/27/inside-the-company-that-would-pay-the-biggest-share-of-the-citys-carbon-tax/ Inside the Company That Would Pay the Biggest Share of the City’s Carbon Tax], ''Wweek.com'', 27 january 2021</ref>

As a result of [[International sanctions during the Russo-Ukrainian War|sanctions]] placed against it as a result of the [[2022 Russian invasion of Ukraine]], on August 10, 2022, Evraz announced its intention to sell its North American assets.<ref>{{cite news |title=Russia's Evraz looking to sell North American units |url=https://www.reuters.com/markets/deals/russias-evraz-looking-sell-north-american-units-2022-08-10/ |website=Reuters |date=10 August 2022 |access-date=13 August 2022}}</ref>

==Operations==
OSM operates a variety of [[steel]] production facilities. These include a plate mill at their OSM Rolling Mill at the Portland Steelworks in Portland, Oregon.<ref>[http://www.oregonsteel.com/LocationsFacilities/OSMRollingMill/tabid/67/Default.aspx OSM Rolling Mill.] Oregon Steel Mills. Retrieved on March 28, 2007.</ref> OSM manufactures [[armor]] plating for the U.S. military.<ref>[http://www.bizjournals.com/portland/stories/2007/01/22/daily22.html Oregon Steel sale closes.] ''[[Portland Business Journal]]'', January 23, 2007.</ref> Also at the Portland Steelworks is OSM Tubular that makes [[Pipe (fluid conveyance)|pipes]] for use in areas such as oil and natural gas transmission, this plant was closed in 2015.<ref>[http://www.oregonsteel.com/LocationsFacilities/OSMTubularPortland/tabid/68/Default.aspx OSM Tubular] Retrieved on March 28, 2007.</ref> Oregon Steel's Canadian operations also produce tubular steel products.<ref>[http://www.oregonsteel.com/LocationsFacilities/OSMTubularCamrose/tabid/75/Default.aspx OSM Tubular–Camrose.] Oregon Steel Mills. Retrieved on March 28, 2007.</ref> In Oregon, OSM also operates a structural tubing facility, the only producer in the Northwest, this plant was sold in 2015.<ref>[http://www.oregonsteel.com/LocationsFacilities/ColumbiaStructuralTubing/tabid/69/Default.aspx Columbia Structural Tubing.] Oregon Steel Mills. Retrieved on March 28, 2007.</ref>

In Colorado, OSM's Rocky Mountain Steel subsidiary operates three production facilities. One facility makes rails for [[Rail transport|railroads]], one rods and bars for construction, and the third plant manufactures seamless pipes. These facilities were part of the [[Colorado Fuel and Iron| Colorado Fuel and Iron Company]], founded in 1881 and bought by OSM in 1993.<ref>[http://www.oregonsteel.com/LocationsFacilities/RockyMountainSteelMills/tabid/71/Default.aspx Rocky Mountain Steel Mills.] Oregon Steel Mills. Retrieved on March 28, 2007.</ref>

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

==References==
{{Reflist|33em}}

==External links==
*[http://portland.bizjournals.com/portland/gen/company.html?gcode=B12A5270574E4E7C9F24B639109E2C0D Portland Business Journal: Evraz Oregon Steel Mills, Inc.]

{{St. Johns, Portland, Oregon |state=collapsed}}
{{FormerORCompanies}}

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

Evraz Oregon Steel Mills - Revision history

imported>Remsense: Reverted 1 edit by Grace0011 (talk) to last revision by VulcanSphere