Evraz Oregon Steel Mills

{{Short description|American steel producer}} {{Use American English|date=May 2026}} {{Use mdy dates|date=September 2025}} {{Infobox company | name = Orion Steel Companies | logo = Evraz.svg | type = Subsidiary | founded = 1926: Launched as Gilmore Steel<br/>1987: became Oregon Steel<br/>2007: Oregon Steel Mills became Evraz Oregon Steel Mills<br/>2025: Evraz Oregon Steel Mills became Orion Steel Companies | hq_location = Chicago, Illinois, U.S. | 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 = Atlas Holdings | divisions = | subsidiaries = 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=November 12, 2008}}</ref> | website = {{URL|www.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> }}

'''Orion Steel Companies''' is an American steelmaker and a subsidiary of Atlas Holdings. The company was founded in 1926 in Portland, Oregon, United States. {{As of|2025}}, the company has facilities in Oregon and Colorado in the United States; and in Alberta and Saskatchewan in Canada.<ref>{{cite web |title=Locations |publisher=Evraz North America |url=https://www.evrazna.com/locations |access-date=September 10, 2025}}</ref> 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=https://www.seattletimes.com/business/russias-no-1-steelmaker-buying-oregon-steel-mills/ |title=Russia's No. 1 steelmaker buying Oregon Steel Mills |newspaper=The Seattle Times |date=November 21, 2006 |access-date=July 10, 2017}}</ref>

Thomas Boklund became president of Gilmore Steel 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'', December 31, 2008</ref> In 1987, the company became Oregon Steel Mills (OSM).<ref name="humber"/> It 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'', February 6, 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'', January 20, 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'', April 6, 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'', June 10, 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'', October 17, 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'', October 19, 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'', January 27, 2021</ref>

As a result of 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=August 10, 2022 |access-date=August 13, 2022}}</ref>

On July 31, 2025, Atlas Holdings acquired Evraz's North American operations, and reorganized them under a new company called Orion Steel. <ref>{{cite web |title=Atlas Completes Acquisition of Steelmaker EVRAZ North America; Forms Orion Steel and Appoints Doug Matthews CEO |url=https://www.atlasholdingsllc.com/news/atlas-completes-acquisition-of-steelmaker-evraz-north-america-forms-orion-steel-and-appoints-doug-matthews-ceo/ |website=Atlas Holdings LLC |publisher=Atlas Holdings LLC |access-date=13 May 2026}}</ref>

==Operations== [[File:EVRAZ Rocky Mountain Steel Mill.jpg|thumb|EVRAZ Rocky Mountain Steel Mill in Pueblo, Colorado]] The company 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 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 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.<ref>[http://www.oregonsteel.com/LocationsFacilities/RockyMountainSteelMills/tabid/71/Default.aspx Rocky Mountain Steel Mills.] Oregon Steel Mills. Retrieved on March 28, 2007.</ref>

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

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

==External links== * {{official website|https://www.evrazna.com/}} *[http://portland.bizjournals.com/portland/gen/company.html?gcode=B12A5270574E4E7C9F24B639109E2C0D Portland Business Journal: Evraz Oregon Steel Mills, Inc.]

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