Oregon Steel Mills

Company History: Oregon Steel began as Gilmore Steel in 1928 when William G. Gilmore started the company. In 1987 the company became Oregon Steel Mills. Then in 1993 OSM purchased Colorado Fuel and Iron. In January 2007 Evraz Group S.A. of Russia bought OSM for $2.3 billion. Prior to this Oregon Steel was traded on the NYSE as OS.

Oregon Steel Mills, Inc. (OSM) is a Portland, Oregon, United States, based steel producer with facilities in Colorado and Alberta. In November 2006, Russian steel producer Evraz Group S.A. agreed to purchase Oregon Steel for $2.3 billion, and this was approved by U.S. regulators in January 2007. Operated as Evraz Oregon Steel Mills, Inc., the company produces items such as structural tubing, pipes, and steel rails.

In Colorado, OSM?s Rocky Mountain Steel subsidiary operates three production facilities. One facility makes rails for railroads, 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.

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