Free Historical Stock Data on International Steel Group
Stock Symbol: ISG
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International Steel Group Inc. (ISG) is an integrated United States-based steel manufacturing company. ISG has an annual raw steel production capability of about 18 million net tons and ships a variety of steel products from 11 steel producing and finishing facilities in six states. The Company's principal products include a range of hot-rolled, cold-rolled and coated sheets, tin mill products, carbon and alloy plates, rail products and semi-finished shapes serving the automotive, construction, appliance, plate, rail, container, tin and machinery markets. ISG sells steel products directly to end users, third-party processors and service centers primarily located in the Midwest and along the eastern seaboard of the United States. In June 2004, the Company acquired Georgetown Steel, a manufacturer of high-carbon steel wire rod products. Georgetown Steel filed for Chapter 11 bankruptcy in October 2003 and ceased production.
For the nine months 9/30/04, net sales totaled $6.46 billion, up from $2.65 billion. Net income totaled $421.4 million vs. a loss of $48.4 million. Results reflect the acquisition of the Berhlehem Steel Corporation, improved product mix, and increased gross profit margins.