The steel mill that looms over low-slung neighborhoods in Pueblo, Colorado, is a rare bright spot for American manufacturing. Once part of the state's largest private employer, pumping out steel that was used to build rail lines across the Western US, it is now in the midst of a major expansion and recently became the world's first steel plant to run almost entirely on solar power.
But in the wake of the invasion of Ukraine, the steelworkers and their city are grappling with an unpleasant reality that is no longer easy to ignore: The mill is owned by a company that has been accused of potentially supplying steel to build Russian tanks and whose largest stakeholder is a close ally of Russian President Vladimir Putin.
The plant, which still ranks among the largest employers in the small city of Pueblo, was bought in 2007 by Evraz, one of Russia's major steel-producing companies. Evraz's biggest shareholder is the oligarch Roman Abramovich, who was sanctioned by the United Kingdom, the European Union and Canada last month.
Alfiniti Inc. acquires USA’s sole aluminium welded tube manufacturer, Alabama Tube Corporation
