Service Centers

Steel Technologies Growing in Alabama
Written by Laura Miller
September 28, 2022
Steel sheet processor Steel Technologies LLC is expanding its campus in Decatur, Ala., to produce steel blanks to be used in the automotive, agricultural, and consumer goods markets.
The initial expansion plan has already secured a commitment for approximately 50,000 tons of coil and blank processing, according to a LinkedIn post from the company. A second expansion is also being considered.
Steel Technologies has partnered with nearby sheet producer Nucor Steel Decatur, which operates an electric arc furnace (EAF) with an annual capacity of 2.5 million tons.
“We’ll be blanking out parts just a few miles from the steel furnace — producing finished blanks — and then pushing the scrap right back so Nucor can use it in the furnace,” the company said.
Steel Technologies’ Decatur campus currently offers multi-blanking, cut-to-length, and slitting capabilities.
Headquartered in Louisville, Ky., Steel Technologies operates approximately 30 locations throughout North America, shipping more than 3.8 million tons of product each year. Since 2010 it has been owned by NuMit LLC, a 50/50 joint venture between Nucor and Mitsui & CO (USA) Inc. But it operates as an independent business.
By Laura Miller, Laura@SteelMarketUpdate.com

Laura Miller
Read more from Laura MillerLatest in Service Centers

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.

Mill Steel relocating Texas facility to Port of Houston
Mill Steel Co. announced it is relocating its Houston operations to a bigger facility at the Port of Houston.

Olympic taps Anza for GM role at Connecticut location
Olympic Steel Inc. has promoted Vincent Anza to the role of general manager for its Milford, Conn., facility.

Friedman Industries’ profits jump in its fiscal Q1
Friedman Industries’ fiscal first-quarter earnings nearly doubled from a year ago.