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

Asian HR remains much cheaper than US, EU product
Domestic hot-rolled (HR) coil prices were flat this week after declining seven of the last nine weeks. Offshore prices have also eroded in recent weeks, though not nearly as significantly as in the US.

Galv buyers less optimistic about short-term market
“It was a little more of a seller's market as contractors seemed to be protecting themselves against a potential run up in prices," one buyer said.

SMU flat-rolled market survey results now available
SMU’s latest steel buyers market survey results are now available on our website to all premium members. After logging in at steelmarketupdate.com, visit the pricing and analysis tab and look under the “survey results” section for “latest survey results.” Past survey results are also available under that selection. If you need help accessing the survey results, or if […]

US, offshore CRC prices continue to fall
US cold-rolled (CR) coil prices were down again this week, slipping six weeks in a row and seeing the sharpest drop-off since last July.

Asian HR remains much cheaper than US, EU product
Domestic hot-rolled (HR) coil prices fell this week, now down seven of the last eight weeks.