Service Centers

Thyssenkrupp Materials Services adds Sinton stocking site
Written by Laura Miller
May 8, 2024
Thyssenkrupp Materials Services is continuing its expansion in North America. It announced the opening of a new steel service center in Sinton, Texas, to primarily serve the automotive, HVAC, and construction markets.
Part of the thyssenkrupp Materials NA unit, the new steel stocking location is the company’s fourth in the US. It is located on Steel Dynamics Inc.’s (SDI) Sinton sheet mill campus.
“The logistically favorable location—including direct rail and port access—in Sinton allows us to bridge the gap to markets that were dependent on distant suppliers,” thyssenkrupp Steel Services COO Steve McGee commented in a statement sent to SMU, noting that ” we are expanding our geographic reach in high-growth markets with a high demand for steel.”
The company operates additional US locations in Richburg, S.C.; Woodstock, Ala.; and Detroit.
Earlier this year, thyssenkrupp Materials de Mexico inaugurated a service center in San Luis Potosi – the unit’s fourth location in Mexico.
“North America is an important growth market for us, which is why we are continuously expanding our position as a strategic partner to the automotive industry,” Martin Stillger, CEO of thyssenkrupp Materials Services, said at a celebration of the Sinton site’s opening.
Essen, Germany-based thyssenkrupp Material Services has invested over $100 million in the past two years to further its expansion in North America, including ~$32 million in Sinton and $37 million in San Luis Potosi. In total, the company operates 380 locations (270 warehouses) in more than 30 countries.

Laura Miller
Read more from Laura MillerLatest in Service Centers

Ryerson swung to loss in ’24, but saw fortunes improve over the last month
Ryerson swung to a loss in the fourth quarter, but has seen a turnaround in the last 30 days.

Despite policy uncertainty, Reliance upbeat on ’25
Reliance noted that it is about 95% domestically sourced.

Russel Metals posts solid quarter, doesn’t expect direct impact from tariffs
Russel Metals said on Thursday that it doesn’t expect to be directly impacted by US tariffs on Canadian steel. The Mississauga, Ontario-based distributor made the comments in its quarterly earnings report on Thursday. The company doesn’t export significant volumes to the US, it said, and thus doesn’t expect to be directly impacted. However, “The primary […]

Friedman logs quarterly loss amid ‘challenging conditions’
Friedman swings to a loss in its fiscal third quarter of 2025.

Tampa Steel Conference: Service centers more upbeat about 2025
If 2021 and 2022 was the party, 2024 is the morning after, one panelist said.