Posted in | News | Coatings and Thin Films | Ferrous Alloys and Metals | Materials Processing | Business | Iron and Steel

Bethlehem Steel to Acquire Ownership of Columbus Coatings and Processing

May 1 2002

Related Stories

The federal bankruptcy court has granted Bethlehem Steel the exclusive right to acquire sole ownership of Columbus Coatings Company and Columbus Processing Company.

Columbus Coatings Company and Columbus Processing Company were set up as a 50/50 joint venture between Bethlehem Steel and LTV Steel and began operation in 2000. Columbus Coatings Company was established to produce 500,000 tons of galvannealed and galvanised sheet steel, while Columbus Processing Company was responsible for slitting, inspection and warehousing of these materials.

Columbus Coatings Company is a strategic part of the Bethlehem operation and will cost them $2.5 million to acquire LTV’s 50% share. They will also forgive certain liabilities relating to the lawsuit brought by Bethlehem against LTV.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
(Logout)
Your comment type
Submit

Sponsored Content

Editorial Highlights

The Current State of the Global Semiconductor Market

The Current State of the Global Semiconductor Market

The global semiconductor market has entered an exciting period. Demand for chip technology is both driving the industry as well as hindering it, with current chip shortages predicted to last for some time. Current trends will likely shape the future of the industry, which is set to continue to show

How are Graphene Batteries Made?

How are Graphene Batteries Made?

The primary distinction between graphene-based batteries and solid-state batteries lies in the composition of either electrode. Although the cathode is commonly changed, carbon allotropes can also be employed in fabricating anodes.

Newsletters you may be interested in

See all Newsletters »

Terms

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

Provide Feedback