MISA

Name

MISA

Legal name

Marubeni-Itochu Steel America Inc.

Website

https://misa.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

MISA is the North American metals solutions subsidiary of Japanese trading group MISI, providing steel and aluminum trading, precision metal processing, and building products to automotive, construction, appliance, and industrial customers across the US, Canada, and Mexico.

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices26 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Steel and Aluminum Product Trading: Trading of steel and aluminum products including flat-rolled, plate, and tubular products for industrial customers
2. Metal Processing Services: Metal processing and toll processing services including laser blanking, conventional blanking, and cut-to-length operations
3. Building Products Manufacturing: Manufacturing and distribution of building products through subsidiary ClarkDietrich including steel studs, track, and framing systems

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

MISA is a metals solutions provider that trades and processes steel and aluminum products for industrial customers across North America. Its core business spans three integrated pillars: supply chain management (global sourcing, international trade, and automotive supply chain services), metal processing (laser blanking, conventional blanking, cut-to-length, slitting, and custom fabrication), and building products manufacturing through subsidiaries ClarkDietrich (cold-formed steel framing) and Quality Edge (steel and aluminum exterior building products).

Product overview

MISA (Marubeni-Itochu Steel America Inc.) operates as a unified platform providing integrated global metal solutions across North America. The platform comprises three core business units: Supply Chain Management (encompassing Global Supply Programs, International Trade, and Automotive Supply Chain Management), Metal Processing (including Coil Processing and Metal Fabrication), and Residential & Commercial Building Materials (featuring Quality Edge exterior products and ClarkDietrich metal framing systems). Supporting the platform are multiple subsidiaries including MISA Metal Processing, Inc., MISA Metal Fabricating, Inc., MISA Specialty Processing, Inc., RSDC, MISA Metal Processing Guanajuato, and MI Metal Processing Mexicana, providing toll processing, blanking, slitting, metal fabrication, and building products manufacturing services across the United States, Canada, and Mexico.

Differentiator

Problem solved

Functional benefit

Brands

• ClarkDietrich: Largest manufacturer of steel framing and accessories in the United States, providing drywall studs, structural studs, metal lath, and shaftwall products.
• Quality Edge
• MISA Metal Processing
• MISA Metal Fabricating
• MISA Specialty Processing
• RSDC
• MISA Toll Processing

Products and services

• Global Supply Programs

Quantifiable outcome

• Total Recordable Incident Rate (TRIR) of 2.2 compared to Metals Service Center Institute average of 3.5 - 37% better than industry average

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Worthington IndustriescoreStrategic or Co-development Partner51%/49% joint venture partner in ClarkDietrich building products business and 51% owner of Worthington Specialty Processing. Joint venture arrangements for building products and specialty steel processing operations.
• United States Steel CorporationcoreStrategic or Co-development Partner49% partner in Worthington Specialty Processing joint venture with Worthington Industries. Collaborative arrangement for specialty steel processing services.
• NucorminorStrategic or Co-development PartnerCollaboration on clean energy supply chain initiative. Partnership focused on sustainable steel supply chain practices and clean energy initiatives.
• PGT TruckingminorOthersPartnership for delivery fleet using Nikola Class 8 battery electric vehicles (BEVs). Focus on sustainable logistics and reducing carbon footprint in transportation operations.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Reliance Steel & Aluminum Co. Largest metals service center operator in North America, providing metals processing and distribution of steel, aluminum, and other metals to a similar end-market mix including automotive, construction, and industrial customers. Most directly comparable public peer to MISA's core trading and processing business.
• Ryerson Holding Corporation: US-based metal service center offering processing and distribution of carbon steel, stainless steel, aluminum, and other alloys to industrial customers. Closely comparable in scale, end-market exposure, and processing capabilities (slitting, blanking, cut-to-length).
• Olympic Steel, Inc. US metal service center and processing company serving automotive, construction, industrial machinery, and other end markets with similar flat-rolled processing capabilities. Comparable mid-cap peer to MISA's core metal processing and trading business.
• Worthington Enterprises, Inc. JV partner in ClarkDietrich and Worthington Specialty Processing. Operates steel processing and pressure cylinder businesses with significant overlap with MISA's processing operations. Useful comparable for JV economics and the specialty processing line of business.
• Simpson Strong-Tie Company Inc. Manufacturer of structural connectors, fasteners, and building products for construction, with meaningful overlap with MISA's ClarkDietrich and Quality Edge segments in the commercial/residential construction channel. Most directly comparable peer for the building-products half of MISA's portfolio.

Regional players

• Kloeckner Metals Corporation: North American subsidiary of Klöckner & Co, one of Europe's largest metal service center groups. Comparable flat-rolled processing and distribution model; regional to the US vs. MISA's North America-wide footprint, but a useful cross-regional peer for the same service-center economics.

Others

• Marubeni Corporation: One of MISA's two ultimate parent companies and a major Japanese general trading house. Comparable as a global metal trading and distribution player, and a useful benchmark for the trading/sourcing segment of MISA's business.
• ITOCHU Corporation: The other 50% ultimate parent of MISA, one of Japan's largest general trading houses with significant metals operations globally. Comparable as a global metals trading counterparty and useful as a reference for the parent-level capital and supply backing behind MISA.

Broad incumbents

• Nucor Corporation: Largest US steel producer and a clean-energy supply chain partner of MISA. A vertical supplier/customer (mills supply MISA for processing) and a benchmark for the underlying steel market dynamics that drive MISA's trading spreads.
• United States Steel Corporation: Integrated US steel producer and 49% JV partner with MISA/Worthington in Worthington Specialty Processing. Both a key mill supplier to MISA's processing operations and a JV partner in the specialty processing line, making it a hybrid supplier/peer.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MISA