| Industry | Metals |
|---|---|
| Founded | 1942 |
| Defunct | June 14, 2007 |
| Fate | Acquired by U.S. Steel |
| Headquarters | Lone Star, Texas |
Key people | Rhys J. Best, Chairman & CEO Charles J. Keszler, Chief Financial Officer |
| Products | Steel |
Number of employees | 2,784 (2007) |
| Footnotes / references [1] | |
Lone Star Steel Company was a company that operated a plant that produced steel in Lone Star, Texas. It specialized in making tubular steel with outer diameters ranging from 16 inches to 1.415 inches. In 2007, it was acquired by U.S. Steel for $2.1 billion.[2]
The company presented its annual Chief Roughneck Award to lifetime contributors to the petroleum industry since 1955; the award has been presented by U.S. Steel since 2007 after it acquired the company.