National Material

What National Material does

National Material L.P. is a privately held Illinois limited partnership founded in 1964 that operates as one of the largest diversified metal supply platforms in the United States, organized across five groups: Steel, Stainless and Alloys, Aluminum, Raw Material Trading, and Related Operations, with 16+ business units. Its physical footprint spans approximately 19 specialized processing facilities in North America plus operations in China (Wujiang and Zhuhai), serving automotive OEMs and Tier I stampers, aerospace and defense contractors, appliance and construction manufacturers, heavy-truck builders, electrical energy equipment makers, and steel mills and foundries.

The company generates revenue through a combination of one-time metal product sales (steel, stainless steel, aluminum, and specialty alloys), processing services (slitting, blanking, pickling, galvanizing, precision cutting), raw material trading (pig iron imports from Brazil and Russia, scrap, HBI, DRI, railroad rails), and tool and die design. Notable technical assets include a twin strand caster capable of 2,000 tons of hot metal per day at Maryland Pig Services, a world-class four-post 20-roll cluster mill at Elgiloy Specialty Metals producing stainless precision strip as thin as .002 inches and up to 40 inches wide, and an 8,600-ton aluminum extrusion press at Taber Extrusions producing extrusions up to 27 inches wide and 120 feet long. Certifications include ISO 9001 and ISO 9002 across multiple processing divisions, and a 99% on-time delivery rate is reported at National Galvanizing.

National Material goes to market through a sales-led model with direct field sales teams at each operating entity and strategically located processing facilities near major manufacturing hubs. Its competitive positioning rests on vertical integration from raw material trading through finished components, a 60-year operating history, and a portfolio of differentiated specialty capabilities (high-strength and Advanced High Strength Steel blanking through a joint venture with Heidtman Steel, large-format aluminum extrusions, high-performance nickel-cobalt and titanium alloys, and precision stainless strip). Pricing is quote-based B2B with no public pricing, and the company is owned as a private limited partnership with no disclosed parent company or institutional investors.

Name

National Material

Legal name

National Material Limited Partnership

Website

https://nmlp.com

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

National Material L.P. is a privately held U.S. industrial metals platform operating 16+ business units across steel, stainless and alloys, aluminum extrusion, raw material trading, and tooling, serving automotive, aerospace, defense, construction, and appliance manufacturers through 19 processing facilities in North America and China.

Ownership category

akta.pro rank

Product category

Industrial Metals Manufacturing and Processing

NAICS

Primary Metal Manufacturing (331), Iron and Steel Mills and Ferroalloy Manufacturing (33111), Nonferrous Metal (except Aluminum) Production and Processing (3314), Nonferrous Metal (except Aluminum) Smelting and Refining (331410), All Other Fabricated Metal Product Manufacturing (33299), Plate Work and Fabricated Structural Product Manufacturing (33231)

SIC

Wholesale-Metals & Minerals (No Petroleum) (5050), Miscellaneous Primary Metal Products (3390), Sheet Metal Work (3444), Metal Forgings & Stampings (3460), Primary Smelting & Refining Of Nonferrous Metals (3330)

akta.pro primary industry

Ferrous Scrap Processing & Brokerage (Steel & Cast Iron) (IMAKAMAA)

akta.pro secondary industries

Ferrous Metals Trading & Distribution (Iron Ore, Pig Iron, DRI/HBI, Ferroalloys) (IMAKAJAA), Non-Ferrous Base Metals Trading (Aluminum, Copper, Zinc, Lead, Tin, Nickel) (IMAKAJAC), Non-Ferrous Scrap Processing & Brokerage (Aluminum, Copper, Brass/Bronze, Lead, Zinc, Nickel) (IMAKAMAB), Industrial & Manufacturing Scrap Recycling (Factory Scrap, Turnings, Offcuts) (IMAKAMAE)

Keywords

• Steel processing services
• Aluminum extrusions
• Stainless steel supply
• Metal service center
• Ferrous raw material trading

Headquarters

HQ city

Elk Grove Village

HQ country

United States

HQ region

North America

Offices21 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Metal Products Sales: Sale of steel, stainless steel, aluminum, and related metal products to industrial manufacturers. The company serves as one of the largest metal suppliers in America with over 16 business units.
2. Steel Processing Services: Processing services including slitting, blanking, pickling, galvanizing, and precision cutting for automotive, appliance, construction, and industrial customers. Nineteen specialized processing facilities located throughout North America.
3. Raw Material Trading: International trading of pig iron, scrap metal, railroad rails, and other ferrous materials. Imports from Brazil, Russia, Eastern Europe and serves domestic steel mills, foundries, and mini mills.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

National Material L.P. manufactures, processes, and distributes industrial metals — including carbon steel, stainless steel, aluminum extrusions, and specialty alloys — through a vertically integrated platform of 16+ business units operating 19 processing facilities across North America. The company also engages in ferrous raw material trading (pig iron and scrap) and provides tool and die design services for automotive stamping. Its offerings span hot rolled, cold rolled, galvanized, galvannealed, aluminized, and prepainted steel, plus aluminum extrusions for aerospace, defense, construction, and consumer products.

Product overview

National Material L.P. is a diversified industrial metals company operating as a platform of 16+ business units organized into five groups: Steel Group (service centers and processing facilities), Stainless and Alloys Group, Aluminum Group (extrusion operations), Raw Material Trading Group, and Related Operations. Founded in 1964, the company offers a broad portfolio of metal manufacturing, processing, and trading services including steel service centers (National Material Company), steel processing (National Material Processing, Interstate Steel Processing, National Galvanizing, National Blanking, Waukegan Steel), stainless steel and alloys (Combined Metals of Chicago, Combined Metals of Michigan, Elgiloy Specialty Metals), aluminum extrusions (Taber Extrusions, Tower Extrusions), ferrous raw material trading (National Material Trading, Maryland Pig Services), and related operations (Global Tooling Resources, SKD Tooling, Metal Resources International). The company serves automotive, aerospace, defense, construction, appliance, and industrial equipment industries across the United States, Mexico, Canada, and China.

Differentiator

Problem solved

Functional benefit

Products and services

• National Material Company Steel Service Center

Quantifiable outcome

• 99% on-time delivery rate
• +2 more outcomes

Named customers6 records

Segments8 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Heidtman Steel ProductscoreStrategic or Co-development PartnerNational Blanking is a joint venture between National Material Company and Heidtman Steel Products. The two companies have enjoyed synergy working together for decades and now partner to offer first operational blanks including expertise in high strength low alloy steels and Advanced High Strength Steel.

Scale indicators12 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Kloeckner & Co. SE: Global multi-metal distributor and processor (steel, stainless, aluminum) with significant US footprint after acquiring Macsteel and National Material of Mexico. Direct competitor to NMLP's steel distribution and processing business and a counterparty in cross-border metal trade.
• Olympic Steel, Inc. Mid-sized US metals service center and processing company with carbon, stainless, aluminum and tubular products. Comparable to NMLP's steel service center and Waukegan/Lockport structural fabrication footprint serving automotive, construction and industrial customers.
• Heidtman Steel Products: US steel processor and service center that is NMLP's joint venture partner in National Blanking for HSLA and Advanced High Strength Steel. Operates in the same processing niche (blanking, slitting) and serves overlapping automotive customers.
• Kaiser Aluminum Corporation: US aluminum mill products company serving aerospace, automotive, packaging and general engineering. Direct competitor to NMLP's Taber and Tower Extrusions operations in the aerospace and industrial aluminum extrusion market.
• Carpenter Technology Corporation: Specialty alloys producer (nickel, cobalt, titanium, stainless) for aerospace, defense, medical and energy. Closest US analog to NMLP's Elgiloy Specialty Metals Division in high-performance nickel-cobalt and stainless strip.
• Reliance Steel & Aluminum Co. Largest US metals service center operator with carbon, stainless, aluminum and specialty metal processing and distribution across North America. Direct competitor to National Material Company's service center and processing business, and the closest scale comparable among public peers.
• Haynes International, Inc. Developer and manufacturer of high-performance nickel- and cobalt-based alloys for aerospace, chemical processing and energy. Comparable to Elgiloy's specialty alloy portfolio in end-market focus and metallurgical positioning.
• Ryerson Holding Corporation: US-based metals service center and processor offering carbon, stainless, aluminum and specialty alloys with value-added processing (cutting, slitting, blanking). Closely mirrors NMLP's steel service center and processing model across industrial and automotive end markets.

Emerging players

• Materion Corporation: US advanced materials company producing specialty metals, beryllium alloys, thin-film coatings and engineered clad strip. Adjacent to NMLP's Elgiloy precision strip and specialty metals business, with overlap in electronics, energy and aerospace end markets.

Broad incumbents

• Worthington Enterprises, Inc. Diversified US steel processor with pressure cylinder, steel processing and sustainable energy solutions businesses. Broadly comparable to NMLP's processing platform, though less focused on service center distribution and specialty alloys.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/9453466

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries18 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about National Material