User:CMCSISAK

'The history of Sisak Steel Mill begins in 1938 with a Melt Shop built in Sisak Caprag The production of raw iron started right after the first furnace was built. After WWII blast furnaces have been built, as well as Siemens-Martin furnaces and the Seamless Pipe Rolling Mill. Željezara Sisak became a well known seamless pipes producer and received the first AP certificates in 1958.By the end of 1980’s Željezara Sisak had 14 000 employees and 1980’s were considered its “golden times”. After the Croatian war of Independence (1991-1995) Sisak Steel Mill was 2 times unsucessfully privatized, taken over by the State of Croatia and renamed to Valjaonica Cijevi Sisak. With the closing of the transaction with the Government of the Republic of Croatia, on September 17, 2007, Commercial Metals International AG, a subsidiary of Commercial Metals Company (CMC) took over the shares of VCS. We have identified various Capex Projects worth about $ 65 M for the next two years. CMC sees the Mill as the platform to expand the steel-related business activities in this part of Europe.

CMC Sisak fits well into CMC global growth strategy

Through $65 M Capex Programme we expect to improve efficiency and lower cost substantially

Export oriented