Steel Products

Mill Steel Announces Ohio Expansion
Written by Becca Moczygemba
August 29, 2023
Michigan-based distributor Mill Steel is growing its presence in Ohio.
The company announced on Tuesday its purchase of a 90,000-square-foot facility in Mansfield, Ohio. The new facility is in close proximity to Cleveland-Cliffs’ Mansfield Works. It will support business from Mill Steel’s acquisition of Cleveland Metal Exchange that took place earlier this year.
“The proximity to our customer base and geographic benefits made this an excellent
opportunity. I look forward to the additional capacity this provides to support our double-digit
growth,” Pam Heglund, CEO of Mill Steel, said in a statement.
The new facility is equipped with a 72” Pro Eco Slitting Line, a 60” Paxson Slitting Line, and
a 50-foot-deep looping pit.
The company also has plans to add cut-to-length processing capabilities.
Additionally, Mill Steel said it is making an $18-million investment into its Detroit location.
The upgrades include a new slitting line, new pack line, two new cranes, and 50,000 square feet of warehouse space. The updates are set to be complete sometime in 2024, the company said.

Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Products

US rig count up, Canada declines
Oil and gas drilling activity was mixed this week, according to Baker Hughes. US rig counts expanded for a second straight week, while Canadian activity continued its seasonal slowdown of eight consecutive weeks.

US, offshore CRC prices continue to diverge
US cold-rolled (CR) coil prices declined again this week, slipping for a third straight week. Most offshore markets did the opposite, moving higher this week.

S232 lifts EU HR price over US, Asian HR still well behind
Domestic hot-rolled coil prices were flat this week after dropping for four straight weeks. Most offshore markets bucked the trend and gained ground.

SMU Steel Demand Index dips into contraction
SMU’s Steel Demand Index has moved into contraction, according to late April indicators. The slowdown comes in response to growing tariff uncertainty after the index reached a four-year high in late February.

Nucor selects Fives Group for new galv line at CSI
Nucor Corp. has tapped Fives Group as its partner in designing and manufacturing the new continuous galvanizing line being added at its California Steel Industries (CSI) joint venture in Fontana, Calif.