C. F. and I. Steel Corporation - Colorado Fuel and Iron Company - Specimen Stock Certificate - CFI Steel

Specimen Stock printed by Security-Columbian Banknote Company. The Colorado Fuel and Iron Company (CF&I) was a significant steel conglomerate established through the merger of earlier business interests in 1892. By 1903, it was predominantly owned and managed by the financial heirs of John D. Rockefeller and Jay Gould. Although it came to oversee numerous plants across the nation, its primary facility was a steel mill situated on the south side of Pueblo, Colorado, which served as the city's principal industry for the majority of its existence. From 1901 to 1912, Colorado Fuel and Iron was included in the Dow Jones Industrials. The steel market crash of 1982 precipitated the company's decline. Following several bankruptcies, the firm was purchased by Oregon Steel Mills in 1993 and subsequently rebranded as Rocky Mountain Steel Mills. In January 2007, Rocky Mountain Steel Mills, along with the entirety of Oregon Steel's assets, was acquired by EVRAZ Group, a Russian steel corporation, for $2.3 billion. Through vertical integration, the company expanded its ownership beyond just the main steel plant. Over a century, CF&I managed coal mines throughout southern Colorado, as well as iron mines in Wyoming and Utah, limestone quarries, smaller mines for various materials used in the steel production process, and the Colorado and Wyoming Railway. In Redstone, Colorado, numerous coking ovens transformed coal into coke. The Mcnally, Cameron, Robinson, and Walsen Mines located in the vicinity of Walsenburg, Colorado, were merely a few of the mines owned by the Colorado Fuel and Iron Company. Additionally, the Colorado Supply company store was owned and operated by CF&I. They also gained control of many furnaces nationwide, including E. G. Brooke in Birdsboro, Pennsylvania.