 Inland Steel Building in Chicago | |
| Industry | Steel Production |
|---|---|
| Predecessor | Chicago Steel Works |
| Founded | 1893 |
| Founder |
|
| Defunct | 1998 |
| Fate | Acquired by Ispat International |
| Successor | Cleveland-Cliffs (2020–present) ArcelorMittal (2006–2020) Mittal Steel Company (2004–2006) Ispat-Inland (1998–2004) |
| Headquarters | , |
41°40′06″N 87°26′25″W / 41.6684°N 87.4402°W
The Inland Steel Company was an American steel company active from 1893 until 1998. Its history as an independent firm thus spanned much of the 20th century. It was headquartered in Chicago at the landmark Inland Steel Building.
Inland Steel was an integrated steel company that reduced iron ore to steel. It specialized in the basic open hearth steelmaking process. This produced a steel that was resistant to extreme temperature, unlike those made from the Bessemer or acid open hearth processes.[1] Its sole steel mill was located in East Chicago, Indiana, on the Indiana Harbor and Ship Canal and a large landfill protruding out into Lake Michigan. The steel mill's shoreline location enabled it to take in steelmaking commodities, such as iron ore, coal, and limestone, by lake freighter. Throughout much of its life, Inland Steel operated its own fleet of bulk carrier vessels.[2]
- ^ Inland Steel Company 1911, p. 11.
- ^ Cite error: The named reference
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