Steel Dynamics completes acquisition of New Process Steel

Published 2nd December, 2025 by Pete Downham

Steel Dynamics has acquired the remaining 55% equity interest in New Process Steel.

New Process Steel is a metals solutions and distribution supply chain management company based in Houston, Texas.

Mark D. Millet, CEO of Steel Dynamics, said: “The acquisition of New Process expands our exposure to value-added manufacturing opportunities, while continuing to serve our other long-standing flat rolled steel customer needs,

“New Process has a reputation for high-quality standards and strong customer relationships. With this next step, we believe New Process will continue to have value-added manufacturing growth opportunities. We welcome the New Process teams to the Steel Dynamics family.”

New Process Steel employs 1,275 people and is currently Steel Dynamics’ single largest flat roll steel customer.

Pete Downham

Content Assistant

Pete Downham is a content assistant for Aluminium International Today, Steel Times International and Furnaces International. Downham is an NCTJ-accredited journalist, with an MA in Journalism from Kingston University. Since completing his studies, he has featured in an assortment of news and sport publications.