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National Steel Corporation

$3.00

SKU: 3405ol
Product Details

Nicely engraved antique bond certificate from the National Steel Corporation dating back to the 1970's. This document, which carries the printed signatures of the company Chairman of the Board or President and Secretary, was printed by the Security-Columbian Bank Note Company and measures approximately 12" (w) by 8" (h). 

 

This certificate features a vignette of an eagle on a crag.


You will receive the exact certificate pictured.
    Historical Context

    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.

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