Steel Products

NIM Group Adding Processing Line to Colorado Facility
Written by Laura Miller
October 19, 2022
Steel service center NIM Group is adding a new processing line to its Norfolk Iron & Metal facility in Windsor, Colo.
Installation of a new precision cut-to-length line from Red Bud Industries and a hydraulic cassette leveler from Braner USA will begin at the end of this year. Operations are slated to begin in the first half of 2023.
The new line will be capable of leveling and shearing cold-rolled, coated, and stainless steels, as well as aluminum, in gauges from .024” to .250” in widths up to 72”.
NIM acquired the Windsor facility from Plateplus Inc. earlier this year.
The NIM Group is made up of Cd’A Metals, Metalwest, and Norfolk Iron & Metal, and operates 18 locations throughout the US.
By Laura Miller, Laura@SteelMarketUpdate.com

Laura Miller
Read more from Laura MillerLatest in Steel Products
CRU: Excessive global supply could hit rebar mill investments in US
Following the onset of the war in Ukraine in March 2022, concerns about import availability and expectations of rising demand from President Biden’s Infrastructure Bill pushed US rebar prices to record highs. In response, a flurry of new mills and capacity expansions were announced to meet the rise in demand from growth in the construction […]

Steel buyer spirits tempered by soft spot market conditions
Steel sheet buyers report feeling bogged down by the ongoing stresses of stagnant demand, news fatigue, tariff negotiations or implementation timelines, and persistent macroeconomic uncertainty.

CRU: US stainless prices to rise on expanded S232 tariffs
Stainless prices in the US market will rise, following price increases by major US producers. Our base case scenario incorporates higher US prices in the near term, despite the initial negative reaction by the market. US stainless prices will go up in 2025 H2 and will stay elevated in 2026 as tariffs on stainless […]

Galvanized steel demand unsteady amid lingering buyer fatigue: HARDI
Uneven demand for galvanized steel in June reflects a market that remains mired in uncertainty, according to industry sources.

OCTG industry salutes Customs for catching trade crooks
The US OCTG Manufacturers Association is commending US Customs for intercepting another Thai company's attempt to illegally transship Chinese oil pipe to the US.