Steel Products

Two New Members Join NASA Buying Co-op
Written by Tim Triplett
November 16, 2018
The North American Steel Alliance, the service center industry’s top buying co-op, has recruited two new members: Texas Iron & Metal and Beaver Steel Services, bringing NASA’s total membership to 124 companies.
Texas Iron & Metal in Houston is a family owned company that offers a selection of steel and pipe products to the agriculture, construction, fabrication, manufacturing and ship building industries. The company stocks all types of steel including carbon and stainless and various alloys in 100,000 square feet of warehouse and 10 acres of stockyard. It offers saw cutting and shearing services up to one-half-inch by 12 feet.
“We had been thinking about becoming a member of NASA for some time. Our participation was originally centered around networking opportunities with those in the co-op. We look forward to exploring the purchasing power that has been built. I will enjoy contributing to the growth of our alliance,” said Texas Iron & Metal President Max Reichenthal.
Beaver Steel Services has been a family owned company since 1989. Originally serving HVAC metal contractors, the company now provides flat-rolled carbon steel to manufacturers, fabricators and job shops within a 300-mile radius of Pittsburgh, Pa. The company’s operational capabilities include cut-to-length, multi-blanking, leveling from 10 gauge to 32 gauge, as well as first operational shearing. Beaver Steel also offers value-added fabrication processing with lasers, press brakes, punches and a powder coat paint line.
“[Joining NASA] gives us a great opportunity to work with great suppliers that understand the customer’s need for excellence and to collaborate with steel service centers that share our vision of growth and customer service,” said founding owner and President Tony Treser.
NASA is a member-owned purchasing cooperative serving the metals distribution industry. NASA is comprised of 124 independently operated steel service centers throughout the United States and Canada with over 430 distribution and processing facilities. Collectively, NASA represents annual revenues exceeding $9 billion dollars.

Tim Triplett
Read more from Tim TriplettLatest in Steel Products

September energy market update
In this Premium analysis we examine North American oil and natural gas prices, drill rig activity, and crude oil stock levels through September. Trends in energy prices and rig counts serve as leading indicators for oil country tubular goods (OCTG) and line pipe demand.

Market says cutting interest rates will spur stalled domestic plate demand
Market sources say demand for domestic plate refuses to budge despite stagnating prices.

U.S. Steel to halt slab conversion at Granite City Works
U.S. Steel said it plans to reduce slab consumption at its Granite City Works near St. Louis, a company spokesperson said on Monday. The Pittsburgh-based steelmaker will shift the production and processing of steel slabs to its Mon Valley Works near Pittsburgh and its Gary Works near Chicago. Citing a United Steelworkers (USW) union memo, […]

SMU Week in Review: September 1-5
Here are highlights of what’s happened this past week and a few upcoming things to keep an eye on.

HR Futures: Market finds footing on supply-side mechanics
As Labor Day marks the transition into fall, the steel market enters September with a similar sense of change. Supply-side fundamentals are beginning to show signs of restraint: imports are limited, outages loom, and production is capped, setting the stage for a market that feels steady on the surface but still unsettled underneath.