Union Electric Steel Corporation Revenue and Competitors

Union Electric Steel Corporation, a wholly owned subsidiary of Ampco-Pittsburgh Corporation, was founded in 1923 as a manufacturer of forged steel products. Since 1930, Union Electric Steel has made forged steel rolls its sole product. This specialization has made Union Electric Steel the world leader in the forged steel roll market. Leadership in the highly technical field of roll manufacturing is achieved through a focused plan of continuous improvement. The basis of this plan is firmly rooted in an comprehensive research and development program. Union Electric Steel is continually developing new chemistry and heat treatment combinations to provide new products with increased value for the ferrous and nonferrous industries. Our global customer base is served by a highly trained staff of sales engineers. Practical and innovative problem solving is the core of our customer service program. Training seminars provide an ongoing education of current development in both roll technology and roll maintenance. Union Electric Steel provides the roll user with not only the highest level of technology, but also an unparalleled level of after-sales service. In August of 1999, Union Electric Steel purchased The Davy Roll Company. Based in England, The Davy Roll Companyis a recognized leader in the cast roll market. Union Electric Steel Corporation, together with The Davy Roll Company, are synonymous with Excellence in Forged and Cast Roll Technology. Together the two companies produce 55,000 metric tons of rolls annually, making it one of the world's largest roll producers. In May 2007, Union Electric Steel consummated a Joint Venture contract with Maanshan Iron & Steel Company, Limited, one of China's largest steel companies. The Joint Venture will manufacture up to 10,000 metric tons annually of forged hardened steel back-up rolls, larger in size and weight than Union Electric Steel can currently produce. It will be early in 2010 when production is expected to commence. Union Electric Steel will have exclusive marketing and sales rights throughout the world and has a forty-nine percent interest in the Joint Venture.