Service Centers

ThyssenKrupp Opening New Service Center in Mexico
Written by Laura Miller
September 20, 2022
ThyssenKrupp Material Services is investing $37 million to build a new aluminum and steel service center in San Luis Potosí, Mexico, to serve the automotive supply markets. Operations at the new location are scheduled to begin mid-2023.
A Schuler blanking line to cut aluminum and high-strength steel blanks will be a focal point of the new location. The San Luis Potosí location and thyssenkrupp’s existing service center 125 miles away in Silao will be the only two locations in the country to offer aluminum blanking services, according to the company.
“The needs and requirements of the industry are changing rapidly. Against the background of the major transformation themes of electro-mobility, sustainability, and supply chain resilience, Mexico is a clear growth market for us. Here we can support customers with our materials as a service strategy precisely in these key areas,” commented Martin Stillger, CEO of thyssenkrupp Materials Services.
ThyssenKrupp currently operates three service centers in Mexico. In addition to the Silao location, it has one in Saltillo and one in Puebla, all near a large number of OEMs and suppliers to the automotive industry.
The new San Luis Potosí location in north-central Mexico will be key for thyssenkrupp to reach the US market.
“With the opening of the plant, we will be able to further expand our unique position in this pre-processing service in the Mexican market,” says Olaf Voss, CEO of thyssenkrupp Materials de Mexico.
Essen, Germany-based thyssenkrupp Material Services operates around 380 locations and 260 warehouse sites in more than 30 countries.
By Laura Miller, Laura@SteelMarketUpdate.com

Laura Miller
Read more from Laura MillerLatest in Service Centers

Steel Summit: Service center CEOs share straight talk on markets, customers, future
The chief executives from Majestic Steel, Olympic Steel, and Worthington Steel swapped notes on inventory discipline, customer trust, and the race to turn AI from hype into results.

Steel Summit: Analysts say demand likely to struggle until 2027
Steel industry analysts at this year's SMU Steel Summit said they see lackluster demand through this year and next.

Varsteel acquires Reliable Tube and Spartan Metal Processing
Varsteel Ltd. announced two new strategic acquisitions. The Canadian service center stated that the acquisitions position it to meet a wider range of steel product needs.

Steel Summit: Reliance CEO eyes potential M&A in Mexico, highlights tech plans
Karla Lewis, president and CEO of Reliance Inc., told attendees of SMU’s Steel Summit 2025 that North America’s largest service center company is eyeing strategic opportunities in Mexico.

Galvanized steel prices slip while demand remains flat: HARDI
Galvanized steel prices dipped to ~$48/hundredweight in August from the $50-59/hundredweight range during the month of July.