Utility Global
Series C in 2024
Utility Global, Inc. is a technology company based in Provo, Utah, founded in 2018. It specializes in the design and development of innovative solutions for manufacturing, sensing, control, and nanotechnology, with a focus on its proprietary gas production technology known as eXERO™. This technology features a unique reactor that converts variable industrial process gases into high-purity hydrogen and a concentrated CO2 stream, facilitating on-site carbon capture without requiring electricity. The hydrogen produced can be utilized as a replacement for coke in steelmaking, while the high purity of the CO2 stream simplifies and reduces the costs associated with carbon capture. Through its advancements, Utility Global aims to contribute to a low-carbon future and support the decarbonization of the steel industry.
Vallourec is a leading provider of premium tubular solutions for energy markets and demanding industrial applications. With over five decades of experience, they specialize in seamless precision steel tubes, serving prominent clients across various sectors such as oil & gas, automotive, and construction.
Boston Metal
Series C in 2023
Boston Metal is a metallurgy company specializing in reducing the carbon footprint of steel production. It offers industrial-scale solutions using its Molten Oxide Electrolysis (MOE) process, enabling greener and more efficient metal production.
Companhia Siderúrgica do Pecém
Acquisition in 2022
Companhia Siderúrgica do Pecém is an industrial company based in Brazil that specializes in the production and export of steel slabs. It operates as a bi-national joint venture, with a 50% stake held by Brazilian mining giant Vale S.A., a 30% stake by South Korean Dongkuk Steel, and a 20% stake by Posco, one of the largest steelmakers globally. The company plays a significant role in the steel industry by leveraging its partnerships to enhance production capabilities and serve international markets.
ILVA specializes in the production and distribution of iron and steel products.
Thyssenkrupp Steel USA
Acquisition in 2013
Thyssenkrupp Steel USA, LLC manufactures fabricated structural metal, steel, other metal products for structural purposes.
Baffinland Iron Mines
Acquisition in 2011
Baffinland Iron Mines Corporation is engaged in the exploration and development of iron ore projects in the Qikiqtani Region of Nunavut, Canada, specifically on Baffin Island. Founded in 1986 and headquartered in Oakville, Ontario, the company operates the Mary River property, which comprises nine high-grade iron ore deposits located at approximately 72 degrees north by 79 degrees west. Baffinland Iron Mines has additional offices in several communities across Nunavut, including Iqaluit, Arctic Bay, Clyde River, Hall Beach, Igloolik, and Pond Inlet. As of February 2011, it functions as a subsidiary of Nunavut Iron Ore Inc.
Dubai Steel Trading Company
Acquisition in 2009
Dubai Steel Trading Company, LLC distributes finished steel products to the construction market.
Galvex OÜ
Acquisition in 2008
Galvex OÜ owns and operates steel galvanizing plant at the Muugu Port in Tallinn, Estonia. It engages in the production of corrosion resistant and zinc coated sheet steel in commercial and structural grades that are used in the building industry.
Eisen Wagner
Acquisition in 2008
Eisen Wagner is a privately held company that distributes steel and steel products.
Eisen Wagners is a specialist for home, craft, and industry.
Cinter S.A.
Acquisition in 2007
Cinter S.A. produces carbon and aluminized carbon steel products, and tubes for the automotive industry. The company offers various tubes, such as square, rectangular and ovoid sections, coils, steel strips, and flat sheets.
M.T. Majdalani Y Cia. S.A.
Acquisition in 2007
M.T. Majdalani Y Cia. S.A. manufactures stainless steel sheets in Argentina. Its products include plates coils straps, pipes and tubes, steel flats, steel angles, electrodes, bars, sanitary pipeline fittings, valves, and flanges.
NSD Limited, a leading steel distribution company specialising in sales of heavy sections and tubes based in Scunthorpe, North Lincolnshire, UK, in order to increase its commercial presence in the UK market.
Sicartsa
Acquisition in 2006
Sicartsa is a fully integrated producer of long steel, with an annual production capacity of approximately 2.7 million tonnes from its facilities in Mexico and Texas, USA. Through its wholly owned mine, linked directly to the plant via a slurry pipeline, Sicartsa has estimated iron ore reserves of 160 million tonnes, providing 30 years of reserves at current production rates.
Ispat Inland
Acquisition in 2005
Ispat Inland Inc. produces and distributes steel and related products in the United States. Its Flat Products division manages the company's iron ore and iron making operations, conducts its ironmaking operations, and produces its raw steel.
Ispat Unimetal S.A.
Acquisition in 1999
Ispat Unimetal S.A. manufactures and markets steel products. Its products includes long / wire rod, and bars.