Atlas Holdings Completes Acquisition of EVRAZ North America
PUEBLO, COLORADO, AUG 1 – Atlas Holdings formed Orion Steel Companies to manage Pueblo and other steel assets, with 1,100 workers at the 145-year-old Pueblo mill renamed Rocky Mountain Steel Mills.
- Atlas Holdings completed its acquisition of EVRAZ North America, officially closing the deal yesterday and forming Orion Steel Companies that include the Pueblo steel mill and Canadian assets.
- This acquisition follows Atlas Holdings' announcement last month to buy Pueblo’s steel mill and other EVRAZ steel assets to expand its North American presence.
- Orion Steel employs 3,400 workers across a pair of steel plants using electric arc furnace technology and twelve steel product mills, including approximately 1,100 employees at Pueblo’s renamed Rocky Mountain Steel Mills.
- Doug Matthews, who spent 33 years at U.S. Steel, has been appointed CEO of Orion Steel, taking over from Skip Herald, who served as CEO since 2019 and will remain on the company's board.
- This acquisition aims to secure economic and security interests for the U.S. and Canada while unions express confidence in Atlas Holdings’ long-term leadership and growth of the steel and pipe business.
13 Articles
13 Articles

USW welcomes new era with Orion Steel, Interpro Pipe and Steel
BURNABY, British Columbia, Aug. 01, 2025 (GLOBE NEWSWIRE) -- The United Steelworkers union (USW), representing more than 1,000 workers across steel, pipe and related manufacturing facilities in Alberta and Saskatchewan, is welcoming a new chapter under the ownership of Atlas…
Atlas Holdings completes acquisition of EVRAZ North America
Atlas Holdings has completed its acquisition of EVRAZ North America and created the Orion Steel Companies.The firm announced its plan to buy the Pueblo Steel Mill's parent company back in June. The deal also includes a location in Oregon, as well as several locations across Canada.As a well-capitalized strategic supplier, Orion Steel is poised to become a central player in the North American market, helping to ensure economic and security intere…
Atlas Holdings acquires EVRAZ steel mills
(PUEBLO, Colo.) — On Thursday, July 31, Atlas Holdings announced it has finalized the acquisition of EVRAZ Inc. NA and EVRAZ Inc. NA Canada and their respective subsidiaries, forming the Orion Steel Companies. The agreement was announced in June and includes steel mills in Pueblo, Portland, Oregon, and Regina, Saskatchewan, as well as other locations across Alberta, Canada. The new Orion Steel employs 3,400 skilled associates across all its loca…
Coverage Details
Bias Distribution
- 67% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium