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National Steel Essay

382 Words2 Pages

NATIONAL STEEL.
National Steel is a manufacturing company that was founded in 1929 by Ernest T. Weir as a result of three shareholders coming together. They include; Hanna Iron Ore, Great Lakes Steel Corporation and Weirton Steel Company. Its headquarters was in Pittsburg but later moved to Dallas, Texas in 1991. There are a number of National steel companies which have come up over time. However, ‘NATIONAL STEEL’ is the first company to be founded under this name.
National Steel was one of the most successful and profitable companies during 1930s the time of the Great Depression. In 1990s, the management fired and hired majority of the executive staffs including the President and CFO, however these changes were short lived as these led to

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