【SMM Steel】Steel Dynamics Finalizes New Process Steel Acquisition

Published: Dec 4, 2025 15:45

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【SMM Steel】Steel Dynamics announced on December 1 the completion of its acquisition of the remaining 55% equity interest in Texas-based metals solutions and distribution company New Process Steel. The company operates as a leading North American metal products manufacturer with six facilities across the US and Mexico, including two locations at Steel Dynamics' Butler, Indiana and Columbus, Mississippi divisions. Founded in 1952, New Process Steel has undergone significant expansion and modernization under its leadership over the past 25 years. With approximately 1,275 employees, the company specializes in value-added manufacturing applications and supply-chain management solutions, serving as Steel Dynamics' largest flat roll steel customer.

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