Steel Products Prices North America
June 30, 2020
Heidtman Ventures into the Tube-Making Business
Written by Tim Triplett
Heidtman Steel, one of the country’s leading coil service centers, has expanded into tube manufacturing through a joint venture known as TNT Pipe and Tube. The new tube mill, located at Heidtman’s Erie, Mich., flat rolled processing plant, began initial production last month and will be fully operational by the end of August, said Heidtman President and CEO Tim Berra
Heidtman was approached by TNT’s President Nick Williams a year ago about partnering to expand the company. It proved to be an ideal way for Heidtman to fill underutilized capacity for galvanizing, pickling, slitting and warehousing, while moving into a value-added product for its coil processing capabilities. “Heidtman will use our 700,000-ton buying power, our technical and operational capabilities and our market reach to support this tube mill,” said Berra.
