National Steel Stocks & Bonds - Ghosts of Wall Street

National Steel

2 products
    Less than two weeks after the great stock-market crash, National Steel Corporation was formed by the merger of three companies - Weirton Steel, Michigan Steel and MA Hanna Steel. Weirton Steel received 50% of National stock and Ernest T. Weir became Chairman and chief executive. Headquarters were located in Pittsburgh, Weir's hometown. The other parent companies, Michigan Steel and M. A. Hanna, got 25% each of National.

    In 2003, the United States Steel Corporation purchased a great number of the assets of the National Steel Corporation which had filed for bankruptcy in 2002. These assets included Great Lakes Steel, in Ecorse and River Rouge, Michigan; Granite City Steel in Granite City, Illinois; the Midwest finishing facility in Portage, Indiana; ProCoil Corporation in Canton, Michigan; National Steel Pellet Company in Keewatin, Minnesota; and various other subsidiaries and joint-venture interests, including a 50 percent equity interest in Double G Coatings, in Jackson, Mississippi.
    2 products
    3206.png  1550 × 1057px  Granite City Steel Company Stock Certificate
    3206.png  1550 × 1057px  Granite City Steel Company Stock Certificate
    Granite City Steel Company
    $5.00
    National Steel Corporation Bond Certificate
    National Steel Corporation Bond Certificate
    Purple Green
    National Steel Corporation
    $8.00
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