Hanna Steel

What Hanna Steel does

Hanna Steel Corporation is a privately held, family-owned steel manufacturer founded in 1954 and headquartered in Hoover, Alabama. The company operates three divisions producing steel tubing and pre-painted steel coils for manufacturers, fabricators, construction/OEM customers, and prefabricated building producers primarily across North America. Its core products are ASTM A500 structural tubing and ASTM A513 mechanical tubing (½" to 10" square, up to .500" wall thickness) produced across seven tube mills split between the 614,000 sq ft Tuscaloosa, Alabama facility and the 250,000 sq ft Pekin, Illinois plant, plus pre-painted coils from the Fairfield, Alabama coil-coating line featuring in-line pickling, reverse roll coating, induction curing, and Gamma Gauge continuous monitoring.

The business runs on a vertical-integration model. Hanna Steel owns and operates Hanna Truck Line (HTL) for Southeast and Midwest deliveries, supplementing rail, ocean vessel, and barge shipping. It supports customers through Vendor Managed Inventory (VMI), Electronic Data Interchange (EDI), and an online services portal for inventory checks, ordering, and material test reports. Go-to-market is a territory-based outside sales force covering most of the continental US, paired with an inside sales team holding over 175 combined years of Hanna tenure; a separate engineering staff includes licensed Professional Engineers active in ASTM standards development. Pricing is not publicly disclosed, terms are net cash 30 days from invoice, and the company reserves the right to add surcharges for raw material or energy cost increases.

Revenue is generated primarily from one-time sales of steel tubing and painted/coiled steel, with the truck line serving as an internal logistics function and adjacent subsidiary. Ownership has remained with the Hanna family since 1984 when Pete Hanna acquired the company from his father for approximately $10 million; there is no external institutional, PE, or VC involvement in the source material. Hanna Steel employs between 251 and 500 people across its three manufacturing divisions and corporate headquarters.

Name

Hanna Steel

Legal name

Hanna Steel Corporation

Website

https://www.hannasteel.com

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

251–500 employees

Short description

Hanna Steel Corporation is a family-owned steel manufacturer founded in 1954, producing ASTM-standard steel tubing and pre-painted steel coils for manufacturers, fabricators, and construction companies across North America via seven tube mills in Alabama and Illinois.

Ownership category

akta.pro rank

Headquarters

HQ city

Hoover

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Steel Tubing Sales: Primary revenue from manufacturing and selling steel tubing products including structural tubing (ASTM A500), mechanical tubing (ASTM A513), and HSS tubing. Produces tubing from ½ inch square to 10 inches square with wall thicknesses through .500 inch.
2. Painted Steel/Coil Coating: Revenue from in-line pickling, coating, and induction curing processes for steel coils. Provides pre-painted steel with various coatings including dry film lubricant coatings.
3. Transportation/Logistics Services: Hanna Truck Line provides trucking services for product delivery, serving as both an internal logistics function and potential revenue stream.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels3 records

Core offering

Hanna Steel manufactures and sells steel tubing (structural tubing per ASTM A500 Grades B and C, mechanical tubing per ASTM A513, and HSS tubing) in sizes from ½ inch square to 10 inches square with wall thicknesses through .500 inch, and produces pre-painted/coil-coated steel via an in-line pickling, reverse roll coating, and induction curing line at its Fairfield, Alabama facility. Products are sold B2B to distributors, OEMs, and end-product manufacturers for applications in automotive, office furniture, building construction, and prefabricated buildings, with delivery handled through the company's own Hanna Truck Line and rail/ocean/barge shipping.

Product overview

Hanna Steel is a steel manufacturing and processing company offering a portfolio of products centered around steel tubing and painted steel coils. The core products are Steel Tubing (mechanical and structural tubing meeting ASTM standards) and Painted Steel (pre-painted coils). Supporting these are add-on services including Hanna Truck Line (proprietary trucking fleet), Electronic Data Interchange (EDI), Vendor Managed Inventory (VMI), and Logistics Services. The company operates seven tube mills across Alabama and Illinois facilities, with Online Services providing customer portal access for inventory checks, ordering, and order tracking.

Differentiator

Problem solved

Functional benefit

Brands

• Hanna Truck Line (HTL): Company-owned fleet of trucks for transportation and delivery of steel products, headquartered in Tuscaloosa, Alabama. Services the Southeast and Midwest regions.

Products and services

• Steel Tubing ASTM standard structural and mechanical steel tubing both domestically and internationally, ranging from ½ inch square to 10 inches square with wall thicknesses through .500 inch. Includes mechanical tubing (ASTM A513) and structural/HSS tubing (ASTM A500 Grades B and C) for automotive, office furniture, general product fabrication, building construction, and OEM applications. Produced across seven tube mills at the Tuscaloosa, Alabama and Pekin, Illinois plants.
• Pre-Painted Steel Coils Pre-painted steel coils produced using an in-line pickling, reverse roll coating, and induction curing process at the Fairfield, Alabama facility. Coil widths range from 24" to 54", coil weights up to 50,000 lbs, and gauge range .026 to .189. Coating thickness is monitored continuously by a Gamma Gauge (X-ray) system and tested per ASTM and NCCA specifications, including in-house salt fog accelerated testing. Used for prefabricated buildings and other coating applications.
• Hanna Truck Line Transportation Services Company-owned fleet headquartered in Tuscaloosa, Alabama providing on-time, damage-free delivery of Hanna Steel products with real-time load tracking technology. Operates as a wholly-owned subsidiary serving the Southeast and Midwest regions with professional drivers and strong CSA safety scores; also provides full-service rail, ocean vessel, and barge deliveries across North America.

Quantifiable outcome

• 99.78% Overall Customer Acceptance rate on all steel material shipped since 2001
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators5 records

Recent moves11 records

Expansion highlights4 records

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

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 Hanna Steel