Creusot-Loire was a French engineering conglomerate, formed from factories in Le Creusot and Châteauneuf, Loire.[1] The Creusot-Loire subsidiary of ArcelorMittal also includes an Innovation, Research and Development centre for the group.[2]
History
The group was formed in 1970 as a result of Compagnie des ateliers et forges de la Loire (owned by Marine-Firminy) and (owned by Schneider) merger. The Société des Forges et Ateliers du Creusot had absorbed the Société métallurgique d'Imphy in 1968.
The enterprise developed what has become known as the Creusot-Loire Uddeholm (CLU) converter process, which was developed to minimize the need of argon, and which was first erected on an industrial scale in the 1970s at Degerfors.[3]