Ferragon

What Ferragon does

Ferragon is a U.S. metals service provider headquartered in Cleveland, Ohio, founded in 1983, that supports manufacturing supply chains through the distribution and processing of metal products. With a headcount band of 101–250 employees, the company operates as a mid-sized industrial supplier serving downstream manufacturers in steel, tube, and adjacent metals categories. Public sources provide limited product-level or pricing detail, and no specific product lines, value-added processing capabilities, certifications, or named customers are disclosed in the available data.

The company's business model, based on its classification as a metals service center, typically centers on inventorying, processing, and distributing carbon steel, stainless steel, and tube products to industrial OEMs and fabricators. However, no pricing model, customer segmentation, channel mix, or revenue mechanics are disclosed in the input. The company is privately held and, as of September 2, 2025, was acquired by Bull Moose Tube (a strategic acquirer in the steel tube industry), with the acquisition announcement referencing "Ferrous85 Co." as the target entity. Following the transaction, the Ferragon.com domain displays only a verification page, suggesting that the brand or web presence is being migrated or retired as part of post-acquisition integration. No management team, partnerships, awards, or technology stack details are publicly disclosed in the available source material.

Name

Ferragon

Website

https://ferragon.com

Company type

Private

Founded year

1983

Operating status

Acquired

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Metals Service Center

SIC

Wholesale-Metals Service Centers & Offices (5051), Wholesale-Metals & Minerals (No Petroleum) (5050)

akta.pro primary industry

Ferrous Metals Trading & Distribution (Iron Ore, Pig Iron, DRI/HBI, Ferroalloys) (IMAKAJAA)

Keywords

• Metals service center
• Metal distribution
• Metal processing services
• Industrial metals supply
• Steel and metal products

Headquarters

HQ city

Cleveland

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel

Core offering

Ferragon is a metals service provider that supplies processed metal products to support a variety of manufacturing supply chains. The company acts as an intermediary between metal mills and end manufacturers, distributing and adding value to metal stock for industrial buyers. Following its 2025 acquisition by Bull Moose Tube, Ferragon now operates as part of a larger tube and metals platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Metals service and supply Distribution and processing of metal products supplied to manufacturers for use in industrial production supply chains. The specific metal grades, processing capabilities, and product formats are not publicly documented in available sources.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Expansion highlights2 records

Broad incumbents

• Bull Moose Tube: Ferragon's parent company and a leading North American manufacturer of steel tube and pipe; comparable as a downstream steel customer base and as the strategic acquirer shaping Ferragon's future.
• Worthington Steel: Recently spun out of Worthington Industries, this is a larger established processor and distributor of flat-rolled steel serving OEMs; broader scale than Ferragon but operates in the same supply-chain role.
• Reliance Steel & Aluminum: Largest metals service center company in North America with a diversified portfolio of ferrous and non-ferrous products; sets the competitive benchmark that regional players like Ferragon must match on service and breadth.
• Schnitzer Steel Industries: Operates metals recycling and steel manufacturing operations serving construction and industrial customers; comparable end-market exposure to Ferragon, though more vertically integrated upstream.

Direct peers

• Olympic Steel: Mid-sized US metals service center and steel processor serving manufacturers from multiple facilities; directly comparable to Ferragon in business model, customer base, and end-market exposure.
• Kloeckner Metals: One of the largest metals service center networks in North America, distributing and processing steel and nonferrous products; directly comparable to Ferragon in distribution-plus-processing model.
• Ryerson Holding: North American metals service center distributing and processing carbon, stainless, and aluminum products to industrial customers; overlaps closely with Ferragon in product mix and supply-chain role.
• Heidtman Steel Products: Privately held Midwest-based steel processor and service center serving automotive and industrial OEMs; directly comparable to Ferragon in scale, geography, and customer focus.
• Metal Supermarkets: Franchise-based small-quantity metals service center serving a wide range of manufacturing and maintenance customers; comparable service-center model targeting diversified manufacturing demand.
• Mill Steel Company: Grand Rapids-based flat-rolled steel service center and processor serving OEMs across multiple industries; closely comparable Midwest footprint and processing-plus-distribution model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 Ferragon