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  September 5, 2001
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Home > Company Index > Metals & Mining > Steel Production > AmeriSteel Corporation

AmeriSteel Corporation
 PROFILE
AmeriSteel may embody the American spirit -- a steel will and an iron heart -- but a Brazilian firm controls it. AmeriSteel uses steel scrap to make concrete reinforcing bars (rebar), merchant bars (structural shapes such as squares, angles, and flats), and rods. AmeriSteel's steel minimills melt down the scrap and make rebar, while its other facilities finish the products. AmeriSteel also makes railroad spikes at two plants in Arkansas and South Carolina. Steelmaker Gerdau (Brazil) owns nearly 90% of the company. A drop in sales is due to the company having recently changed its fiscal-year-end from March to December.

 COMPETITION
Birmingham Steel Corporation (BIR)
Co-Steel Inc. (CEI)
Texas Industries, Inc. (TXI)

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 706.80
1-Yr. Sales Growth: 5.3%

 KEY PEOPLE
• Phillip E. Casey
    CEO
• Tom J. Landa
    CFO

 CONTACT INFO
5100 W. Lemon St, Suite 312
Tampa, FL 33609
US
Phone: 813-286-8383
Fax: 813-207-2237
Online: Web Site

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