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
Domestic, offshore CRC prices diverge
The price spread between US-produced cold-rolled (CR) coil and offshore products narrowed again in the week ended Jan. 31, as imports edged higher and US product ticked lower.
US HR price premium over imports widens
Hot-rolled (HR) coil prices ticked up in the US this week, while tags abroad were mixed. The result: the margin US hot band holds over imports on a landed basis widened slightly.
Plate report: Mills pushing price up, but still willing to talk
Repeated mill price hikes this week may have stopped the bleeding and could signal a rebound.
Higher tags expected for February scrap settle
The US scrap market sentiment has become more bullish over the last week. Many districts are telling SMU that the potential rise in prices will exceed the earlier estimate of $20 per gross ton (gt). Several sources have pegged the February market as up $30-50/gt. Here are several regional viewpoints from the trade: In the […]
SSAB, Evraz also up plate prices by $60/ton
Two US plate mills – SSAB Americas and Evraz North America (NA) – have followed Nucor so far in raising plate prices, with the opening of their March order books. The increases are effective immediately for all new orders, both mills said in letters to customers. Evraz NA said it was increasing transactions by at […]