May 19, 2016 – (London) - Despite China signaling moves to cut its excess steel production capacity, industry chiefs say the country has declared a metals “war” that has had a “devastating” impact for the rest of the world's industry. Overcapacity in the steel industry has been a thorn in the side of the sector in recent years, pushing prices down and making it harder for some steel companies to survive. China’s low-cost metal producers have been widely cited as the main culprit for the glut. In particular, the world’s second largest economy has been accused of “dumping” cheap steel on to...

19 May, 2016

March. 4, 2016 | BY ALEX NIXON James Bouchard, CEO of Esmark Inc. and Esmark Steel Group, an Edgeworth-based steel processor and distributor. James Bouchard, CEO and founder of steel company Esmark Inc., has been waiting several years for the nation’s economic recovery to hit the steel industry. He’s still waiting, as imports push steel prices down and the oil and gas industry cut orders in response to low energy prices. In an interview with the Tribune-Review at Esmark’s headquarters in Edgeworth, Bouchard discussed how the company is dealing with the downturn, its recent failed bid to buy a former U.S. Steel Corp. mill...

04 March, 2016

For Esmark Founder and CEO James P. Bouchard, giving generously to the community is just part of business as usual. Greater Pittsburgh/Allegheny County Business Leaders James BouchardJames Bouchard has much to be proud of. In addition to building a strong, diversified business of industrial companies, he has also, alongside his wife, donated more than $6 million to charitable causes since 2004. But when asked which accomplishment he is most satisfied with, Bouchard talks about Esmark’s people. “No one individual is responsible for our success,” he says. “We work as a team, and when you have the right people in place, you are...

01 March, 2016

Greater Pittsburgh Allegheny County Business Leaders Esmark, Inc., is a diversified, privately held portfolio of industrial companies. Esmark’s roots run deep in the steel industry, but over the years the company has diversified its interests into a number of activities in and around the industrial and commodity sectors. Esmark (formerly a publicly traded company on NASDAQ: ESMK) has focused on several key industries including steel services, oil and gas exploration, manufacturing, aviation services, real estate, technology, and youth sports and development. Today, Esmark’s two largest business segments are steel services and oil and gas exploration and production. The company grew its network...

01 February, 2016

September 18, 2014, Beaver County Times Business By Tom Davidson VANPORT TWP. -- A steel processing company based in the township has been acquired by a Pittsburgh-based industrial group in a move that should mean good news for the future, according to a group spokesman. “We think it’s going to be a complimentary addition to our portfolio and an opportunity for these employees to grow with us,” Bill Keegan of Esmark Industrial Group said Wednesday. “We look forward to welcoming these new employees and continuing our growth strategy.” Esmark bought KMA Manufacturing based in Vanport Township in a multi-million dollar deal, Keegan said. KMA was...

18 September, 2014

September 17, 2014, theFabricator.com PITTSBURGH - Esmark Industrial Group, a metals fabrication and manufacturing subsidiary of Esmark, Inc., today announced that it has completed its acquisition of the assets of one of the most storied names in steel industry services - Pittsburgh Annealing Box, Inc. Terms of the multi-million dollar transaction were not disclosed. Founded in 1893, Pittsburgh Annealing Box, Inc. has conducted business under the name KMA Manufacturing since 2003, relocating to the company's current location in Vanport, Pennsylvania in 2005. The new entity, which is a unit of Esmark Excalibur, LLC, will be operated as Excalibur Machine & Fabrication -...

17 September, 2014

September 17, 2014, Pittsburgh Business Times By Paul J. Gough, Digital Producer Esmark Industrial Group has acquired the former Pittsburgh Annealing Box Inc. in Vanport. Terms of the deal weren’t disclosed, but a news release from Pittsburgh-based Esmark Industrial Group, a division of Esmark Inc., said it was in the multimillion-dollar range. The company, which has 65,000 square feet of manufacturing and had been known as KMA Manufacturing since 2003, will now be known as Excalibur Machine & Fabrication — Vanport. Esmark plans to expand and restore the facilities for maintenance and fabrication for the steel industry as well as the energy, transportation and...

17 September, 2014

September 10, 2014, Chicago Tribune NEW YORK (Reuters, September 10) - An idled steel facility in the heartland of the United States is gearing up for a revival as an energy services provider due to surging production from the U.S. shale revolution. Esmark, Inc. said in a statement on Wednesday that it is converting the former Ohio Cold Rolling Co steel manufacturing plant in Yorkville, Ohio, into a transportation and logistics hub to serve the Marcellus and Utica shale plays of Pennsylvania, Ohio and West Virginia. Esmark acquired the Yorkville facility about two years ago from a defunct steelmaker but kept the facility...

10 September, 2014

September 10, 2014, Reuters NEW YORK (Reuters, September 10) - An idled steel facility in the heartland of the United States is gearing up for a revival as an energy services provider due to surging production from the U.S. shale revolution. Esmark, Inc. said in a statement on Wednesday that it is converting the former Ohio Cold Rolling Co steel manufacturing plant in Yorkville, Ohio, into a transportation and logistics hub to serve the Marcellus and Utica shale plays of Pennsylvania, Ohio and West Virginia. Esmark acquired the Yorkville facility about two years ago from a defunct steelmaker but kept the facility idled...

10 September, 2014

October 13, 2012, By LINDA HARRIS - Staff writer, The Herald-Star Post-Press Conference Special Edition YORKVILLE - Ohio Gov. John Kasich hinted Friday that Esmark Steel’s plans to reopen an idled cold-rolling mill in Yorkville could be just the tip of the iceberg. Esmark Chairman and CEO Jim Bouchard said the Kasich administration was instrumental in closing the $6.5 million deal for the Yorkville mill, working with his company and the US Environmental Protection Agency to develop a remediation plan that addresses unresolved chemical spills that former owner RG Steel neglected to correct two years ago. In addition to the Yorkville mill, which will...

13 October, 2012