Ispat-Sidbec : Entering North America
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Exhibit 3
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Ispat International Financial Highlights, 1992-97 |
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Exhibit 4
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Sidbec’s Facilities |
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Exhibit 5
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Twenty Years from Indonesia to Ireland |
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1976 |
Ispat builds PT Ispat Indo, an EAF-based wire-rod mill. |
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1989 |
Leases Iscott mill from government of Trinidad and Tobago. |
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1992 |
Purchases DRI/EAF and slab-casting operation of Sicarsta from Mexican government; renames facility Ispat Mexicana (Imexsa). |
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Dec. 1992-April 1993 |
Attempts to purchase shuttered bar, rod, and wire division of Bethlehem Steel. Breaks off attempt after failure to reach new labor contract with USWA. |
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Jul. 94 |
Purchases Sidbec-Dosco from Quebec government. |
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Dec. 94 |
Purchases Iscott. |
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Jan. 95 |
Agrees to purchase Hamburger Stahlwerke in Germany from Hamburg city government. Forms Ispat Hamburger Stahlwerke to manage the facility under lease until sale is finalized. |
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Sep. 95 |
Ispat Intl. moves headquarters from Indonesia to London. |
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Sep. 95 |
Takes over management of government-owned Irish Steel. |
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Dec. 95 |
Establishes Ispat America. |
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Dec. 95 |
Purchases Karmet steel complex from government of Kazakhstan. |
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May 96 |
Completes purchase of Irish Steel from Irish government after EU approves state aid. |
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Mid-1997 |
Starts up new DRI module at Imexsa. |
Exhibit 6
Ispat’s Financials |
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