An Indiana steelmaker recently acquired the flat roll operations of steel producer of hot roll coils, located in Terre Haute, Indiana, including the company’s continuous pickle line, a cold mill, and a galvanizing line.
Steel Dynamics, based in Fort Wayne, entered into a definitive agreement to purchase Companhia Siderurgica Nacional, LLC (“Heartland”) from CSN Steel, S.L.U., a whole owned subsidiary of Companhia Siderurgica Nacional (CSN), which expands Steel Dynamics’ annual flat roll steel shipping capacity to 8.4 million tons. Future plans are to utilize the full capacity of the facility, providing high-quality cold roll, pickle and oil, and galvanized products. The geographic proximity to Steel Dynamics’ other flat-roll operations and certain fabrication locations provide opportunities related to logistics and production efficiencies throughout the supply chain and customer network.
“In combination with our current operations, Heartland brings a tremendous amount of operating flexibility and optionality,” said Mark D. Millett, Steel Dynamics’ chief executive officer. “We look forward to welcoming the Heartland employees and customers into the Steel Dynamics family and working with them to drive future growth and success.”
Steel Dynamics produces steel products, including hot roll, cold roll, and coated sheet steel, structural steel beams and shapes, rail, engineered special-bar-quality steel, cold finished steel, merchant bar products, specialty steel sections and steel joists and deck. In addition, the company produces liquid pig iron and processes and sells ferrous and nonferrous scrap.
