Mill Steel Acquires Maryland Metals Processing to Expand Capacity and Reach

Mill Steel

Mill Steel, a leading distributor of carbon steel, stainless steel, and aluminum, has acquired Baltimore-based Maryland Metals Processing. The acquisition, announced today, will allow Mill Steel to enhance its processing capabilities and shipping footprint across the U.S. Maryland Metals Processing will retain its name and workforce, operating independently while benefiting from Mill Steel’s expanded reach.

Strategic Expansion in Steel Processing

The acquisition strengthens Mill Steel’s position in the market by adding processing capacity to its existing operations. The move also expands Mill Steel’s geographical presence, particularly in the Northeast, where Maryland Metals Processing has established a strong presence. The deal comes after Mill Steel's expansion in August 2023 with the addition of a slitting line facility and looping pit in Ohio. While the financial terms of the acquisition were not disclosed, the strategic benefits are clear: Mill Steel can now offer enhanced services and faster deliveries to its growing customer base.