First forge at Clabecq (authorized by the Queen Maria Theresa of Hungary and Bohemia)
As the forge had financial problems, Edouard Goffin decided to take it over to avoid the bankruptcy.
The Belgian mill, in search of an integrated production, makes a big investment in a blast furnace.
High increase of raw materials due the oil crisis and steel demand decline at Clabecq.
The first of numerous strikes started in November.
The Italo-Swiss trader Duferco acquired some of Clabecq’s assets. La Louviere was merged by the Dutch group Hoogovens and then placed under legal composition.
Duferco took over the company and changed its name to 'Duferco La Louvière'.
Acquisition by Duferco of 2 French mills (in Beautor and in Sorral) to win market share in the automotive industry.
NLMK International BV acquired a part of the Danish company’s assets and founded DanSteel A/S.
Foundation of Acciaierie Grigoli S.p.a. The new Veronese plant produced thick plates of high quality. The production capacity could exceed 300 thousands tonnes a year. The company, based in Vallese di Oppeano, is born after the sale of some assets of ‘Valsider the Leman’ (Switzerland) to the Grigoli family.
Duferco acquired ‘Laminoirs de Strasbourg’.
The trading company gives a new name to the Veronese mill: ‘Verona Steel’.
NLMK acquires a stake in some of Duferco’s European production assets, including one steelmaking facility, five rolling mills and a network of steel service centres, both in Europe and in the USA. The JV’s total output of finished products is estimated at 4.5 million tonnes.
The joint venture launches the Q&T operations at Clabecq and the new pickling and cold-rolling lines at La Louvière.
NLMK closed a deal to acquire the remaining 50% stake in ‘Steel Invest and Finance’ (SIF) from Duferco Group. SIF becomes a 100% owned subsidiary of NLMK. Following the acquisition, NLMK establishes its new international business divisions, NLMK Europe and NLMK USA, comprising all the assets of the European and American continent
NLMK Group rebrands its European mills and service centers. The companies sold by Duferco to NLMK Group change their names to NLMK Clabecq, NLMK La Louvière, NLMK Verona, NLMK DanSteel A/S, NLMK Strasbourg and NLMK Manage Steel Center.
SOGEPA (Societe Wallonne de Gestion et de Participations S.A.) became a shareholder of NLMK Clabecq and NLMK La Louviere.
NLMK Group and Belgian SOGEPA (Societe Wallonne de Gestion et de Participations S.A.) agree on changes to NLMK Belgium Holdings’ (NBH) ownership structure and governance. The parties signed an agreement increasing SOGEPA’s interest in NBH from 20.5% to 49%.