Steel Mills
July 5, 2018
SDI Completes Purchase of CSN Heartland
Written by Sandy Williams
Steel Dynamics has completed the acquisition of CSN Heartland Flat Roll operations in Terre Haute, Ind., for $400 million in cash. Heartland produces higher-margin flat rolled steel through the processing of hot rolled coils into pickled and oiled, cold rolled and galvanized products.
Heartland has an annual capacity of 1.0 million tons of cold rolled steel and a galvanizing capacity of 360,000 tons. The facility is comprised of a continuous pickling line, a cold mill and a galvanizing line. Heartland has been operating at low utilization, primarily focusing on galvanized products. SDI plans to bring the facility to full capacity, producing high-quality cold rolled and pickled and oiled, in addition to galvanized products.
