Bayou Steel

Bayou Steel was a U.S. producer of structural steel products with facilities in LaPlace, La., and Harriman, Tenn. ArcelorMittal acquired the company in 2006 for US$475 million. The mills are now known as ArcelorMittal LaPlace and ArcelorMittal Harriman.

Latest News

Bayou Steel Reports Fiscal 2004 Results

07 January 2005 - Bayou Steel Corp. reported net income of $29.8 million on sales of $240.8 million for the year ending September 30, 2004. Results included income reported by Bayou Steel’s predecessor prior to the company’s emergence from bankruptcy on February 18, 2004.

Bayou Steel Selects Pittsburgh Logistics to Manage Facility Transportation

07 October 2004 - Pittsburgh Logistics Systems, Inc. (PLS) has been selected by Bayou Steel Corp. to manage outbound transportation for its Leetsdale, Pa., distribution center.

Bayou Steel Reports 3rd Quarter Results

20 August 2004 - Bayou Steel Corp. reported net income of $6.1 million on sales of $59.3 million for its third fiscal quarter ending June 30, 2004.

Bayou Steel Appoints New Chairman of the Board

29 July 2004 - The Board of Directors of Bayou Steel Corp. announced the appointment of Robert E. Heaton as Chairman of the Board of Directors. Mr. Heaton served on the board of Bayou Steel from 2002 to 2004 and was a member of the Special Operating Committee during the company’s restructuring.