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Home > Company Index > Metals & Mining > Steel Production > Birmingham Steel Corporation
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Birmingham Steel Corporation |
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NEWS FROM THE WIRES |
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Birmingham Steel faces delisting from NYSE Jul 13 2001 04:09 PM PDT
> More WIRE STORIES about this company
PROFILE |
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Ferrous scrap metal is grist for the minimill at Birmingham Steel. The company's six minimills melt down scrap metal and manufacture rebar (more than 40% of sales), which is used to reinforce concrete. Birmingham Steel sells its merchant products (angles, channels, flats, rounds, squares, and strip) to fabricators and OEMs for use in products such as security bars, furniture, and farm equipment. The company's Special Bar Quality (SBQ) unit makes bar, rod, and wire products. Birmingham Steel also has interests in scrap collection. After a proxy battle, dissident shareholders led by John Correnti (former Nucor CEO) and Jim Todd (retired Birmingham Steel CEO) ousted CEO Robert Garvey and installed Correnti as CEO.
COMPETITION |
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Co-Steel Inc. (CEI)
Commercial Metals Company (CMC)
Nucor Corporation (NUE)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
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FINANCIAL OVERVIEW |
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Fiscal Year-End: June
2000 Sales (mil.): 932.50
1-Yr. Sales Growth: 31.4%
Employees: 2,126
Revenue per employee: $438,617.12
KEY PEOPLE |
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John Correnti
CEO
J. Daniel Garrett
CFO
CONTACT INFO |
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1000 Urban Center Dr., Ste. 300
Birmingham, AL 35242
US
Phone: 205-970-1200
Fax: 205-970-1353
Online: Web Site
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