Keystone Steel & Wire

Keystone Steel & Wire Co.'s Bartonville, Ill., campus is one of the largest wire mills in the world with over 2 million square feet of manufacturing space on over 1,000 acres. It has an annual steelmaking capacity of over 700,000 tons.

Latest News

Australia’s InfraBuild Lines Up Financing to Acquire Three U.S. Operations

01 June 2023 - InfraBuild, an Australian long products producer owned by Sanjeev Gupta’s GFG Alliance, has secured financing that will allow it to buy three U.S. wire rod operations also owned by GFG Alliance.

Australian Long Products Maker Sets Sights on U.S. Wire Rod Assets

17 November 2022 - Australian long products manufacturer InfraBuild intends to acquire the U.S. wire rod arm of its parent company, GFG Alliance.

GFG Alliance Plans to Boost Steel Production in U.S.

16 January 2019 - GFG Alliance executive chairman Sanjeev Gupta said his company is considering plans to increase liquid steel production at its newly acquired Illinois wire rod mill and its restarted South Carolina facility.

GFG Alliance Completes Deal for U.S. Wire Rod Manufacturer

03 January 2019 - GFG Alliance has finalized its US$320 million acquisition of Keystone Consolidated Industries (KCI), a move that will help clear the way for a planned initial public offering, the company has announced.

GFG Alliance Acquiring Second U.S. Wire Rod Mill

03 December 2018 - Six months after restarting a shuttered wire rod mill in South Carolina, British industrialist Sanjeev Gupta is expanding his U.S. steel holdings.

U.S. Trade Officials Initiate Wire Rod Investigation

19 April 2017 - The U.S. Department of Commerce has launched a dumping investigation into carbon and alloy wire rod from 10 countries.

U.S. Wire Rod Makers Seek Trade Protection

29 March 2017 - Four U.S. steelmakers are accusing their counterparts in 10 countries of dumping carbon and alloy wire rod, undercutting U.S. prices, reports S&P Global Platts.

Keystone Acquires South Carolina PC Strand Manufacturer

08 August 2016 - Keystone Consolidated Industries Inc. has acquired pre-stressed concrete (PC) strand maker Strand-Tech Martin Inc. for an undisclosed amount.

Keystone Steel & Wire Adds 1080 Wire Rod to Product Portfolio

10 March 2016 - U.S.-based Keystone Steel & Wire has begun manufacturing and selling high-carbon wire rod for use as pre-stressed concrete strand, the company has announced.

Keystone Consolidated Industries Expands Reinforcing Wire Mesh Capacity

28 December 2015 - U.S.-based Keystone Consolidated Industries Inc. is adding welded wire reinforcement (WWR) mesh production to its Sherman, Texas, facility, the company has announced.

Siemens Modernizing Cooling Conveyor for Keystone Steel & Wire

25 September 2014 - U.S. producer Keystone Steel and Wire Co. placed an order with Siemens Metals Technologies to upgrade the cooling conveyors of a two-strand wire rod mill in its Bartonville, Ill., production facility.

U.S. Rod Producers Applaud Decision Moving Trade Case vs. China Forward

18 March 2014 - U.S. wire rod producers are applauding a recent government decision in a trade case against wire rod imports from China.

U.S. Files Trade Case Against Chinese Wire Rod

03 February 2014 - U.S. producers of carbon and certain alloy steel wire rod have filed antidumping and countervailing duty petitions against China.

Keystone Steel & Wire Recognized for Company-Wide Recycling Program

27 August 2012 - Keystone Steel & Wire was recently chosen to receive the 2012 Steel Manufacturers Association Achievement in Environmental Stewardship and Recycling Award.

Keystone Reports Second Quarter Operating Results

14 August 2012 - Keystone Consolidated Industries, Inc. reported operating income before pension and other postretirement benefit (OPEB) credits for the second quarter of 2012 of $8.8 million, as compared to $10.0 million in the second quarter of 2011.

Keystone to Withdraw Registration Statement for Subscription Rights Offering

18 August 2011 - Keystone Consolidated Industries has decided not to proceed with its proposed subscription rights offering following the purchase of 1.55 million shares of Keystone common stock in a private transaction by majority shareholder Contran.

Keystone Reports Third Quarter 2010 Results

05 November 2010 - Keystone Consolidated Industries, Inc. reported net income of $2.3 million, or $0.19 per diluted share, in the third quarter of 2010 as compared to net income of $5.9 million, or $0.48 per diluted share, in the third quarter of 2009.

Keystone Reports Q2 2010 Results

09 August 2010 - Keystone Consolidated Industries, Inc. reported net income of $6.7 million, or $0.56 per diluted share, in the second quarter of 2010 vs. net income of $1.0 million, or $0.08 per diluted share, for the same period last year. Sales volume was also significantly higher, resulting in more normal production schedules throughout the quarter.