Worthington buys Heidtman Steel
Published: 09 Oct 2019
Diversified US service centre chain Worthington Industries has bought a pickling and slitting facility in Cleveland, Ohio, Kallanish learns from a company release.
Heidtman Steel Product’s 278,000 square-foot facility processes hot-rolled carbon flats for the auto and heavy equipment markets. It sits adjacent to the ArcelorMittal Cleveland mill.
“Heidtman’s Cleveland operation is a great addition to our Steel business, further expanding our value-added steel processing capacity,” says Worthington ceo John McConnell. “The addition of Cleveland will strengthen our pickling capabilities and allow us to expand our presence in an attractive market.”
Financial terms were not disclosed.
Posted in Latest Updates
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Latest News
- Heavy steel plate prices edge down in Italy ahead of steady April; prices stable in Northern Europe
- Centravis to strengthen market position in Europe
- Aperam invests to reduce energy consumption
- Italian service centres struggle to increase prices
- German rebar buyers doubt mills’ anticipated hikes
- ArcelorMittal, Bamesa to work together to reduce scope 3 emissions
- Beltrame sees EU funds, green policies to sustain steel market recovery
- GFG Alliance denounces move to close Aartee Bright Bar’s UK Dudley steel plant