Hierros Marcelino Franco

What Hierros Marcelino Franco does

Grupo Hierros Marcelino Franco (legal entity: Hierros Marcelino Franco S.A.) is a privately held Spanish steel plate service center founded in the 1960s and headquartered in Avilés, Asturias. The group operates nine wholly-owned subsidiaries (Aceros Avilés, Oximafer, Imprimacero, Sideracero, Suministros Siderúrgicos Huelva, Olan, Oxicortes del Vallés, and Sidermetal) and runs approximately 150,000 m2 of facilities with a stated production capacity exceeding 200,000 tonnes per year, strategically located near major Spanish industrial ports including Avilés, Gijón, Tarragona, Huelva, Algeciras, and Bilbao.

The company's core offering combines heavy plate inventory (5–450 mm thickness, 2000–3000 mm width in carbon, naval, boiler/pressure vessel, weathering, fine-grain, and thermomechanically rolled steels) with an integrated processing stack: 12 CNC oxycutting machines (up to 600 mm), 9 high-definition plasma cutters (up to 50 mm), 2 large-format laser cutters, large-bridge milling for bevelling, machining centres, shot-blasting/priming lines (600 m2/hour), and 3000-tonne pressing for heavy boilermaking. It holds ISO 9001 and EN-1090-2 EXC-4 certifications plus approvals from major classification societies (ABS, Bureau Veritas, Lloyd's Register, DNV, Germanischer Lloyd), enabling it to supply certified plate into regulated naval and offshore-wind supply chains.

The business model is B2B enterprise direct sales with project-based negotiated pricing (no public price list), three revenue streams: (i) steel product sales, (ii) steel processing services (cutting, bevelling, machining, surface treatment, finishing), and (iii) engineering and turnkey projects. Customers are concentrated in shipbuilding/naval and wind energy (primary segments), with secondary exposure to pressure vessels/capital equipment, construction, boilermaking, and automotive/aeronautics. The group distributes through its own trucking fleet for direct delivery to customer facilities, with no intermediary channel. Multiple EU and Asturias regional grants between 2015 and 2022 have co-financed expansion in wind tower processing, folding services, cutting centre upgrades, and renewable energy self-consumption projects.

Name

Hierros Marcelino Franco

Legal name

HIERROS MARCELINO FRANCO S.A.

Website

https://grupohmf.com

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

11–50 employees

Short description

Grupo Hierros Marcelino Franco is a privately held Spanish steel plate service center founded in the 1960s, operating nine subsidiaries across 150,000 m2 near major industrial ports, serving shipbuilding, wind energy, pressure vessels, construction, boilermaking, and aerospace customers with certified plate stock and integrated cutting, bevelling, machining, and surface-treatment processing.

Ownership category

akta.pro rank

NAICS

Steel Product Manufacturing from Purchased Steel (3312), Plate Work and Fabricated Structural Product Manufacturing (33231), Fabricated Structural Metal Manufacturing (332312)

SIC

Sheet Metal Work (3444), Fabricated Plate Work (Boiler Shops) (3443), Coating, Engraving & Allied Services (3470)

akta.pro primary industry

Steel Service Centers & Processing (Slitting, Cut-to-Length, Blanking, Leveling) (IMAKABAL)

akta.pro secondary industries

Structural Steel Fabrication (IMADACAA), Steelwork & Fabrication Facilities (Plate/Section Processing, Welding Lines) (IMAJALAH)

Keywords

• Steel service center
• Hot rolled plate
• Steel plate cutting
• Surface treatment steel
• Structural steel supply

Headquarters

HQ city

Avilés

HQ country

Spain

HQ region

Europe

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Steel Product Sales: Sale of hot-rolled sheets and plates in various steel grades including structural steel, naval steel, pressure vessel steel, and specialty steels. Products sold in various qualities, thicknesses and formats with wide stock availability.
2. Steel Processing Services: Custom cutting services (plasma, oxycutting, laser), bevelling, machining, surface treatment (shot-blasting, priming), and finishing processes (folding, bending, drilling). Services provided to industrial customers requiring custom steel processing.
3. Engineering and Turnkey Projects: Customized engineering projects and turnkey project delivery for industrial applications in shipbuilding, wind energy, construction, and pressure vessel sectors.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Hierros Marcelino Franco is a Spanish steel Service Centre that commercializes hot-rolled steel sheets and plates (structural, naval, pressure vessel, weathering, weldable fine-grain and thermo-mechanically rolled grades) and provides custom processing services including CNC oxycutting, plasma and laser cutting, edge bevelling, machining, shot-blasting and priming, bending, folding and pressing for industrial customers in shipbuilding, wind energy, pressure vessels, construction, boiler-making, automotive and aerospace.

Product overview

Grupo Hierros Marcelino Franco is a steel Service Centre offering a comprehensive portfolio of products and services for the metal sheet and plate sector. The core offering centers on Thick Plate / Carbon Steel / Thick Steel Stock — structural, naval, boiler, and thermo-mechanically rolled steels with extensive inventory (5-450mm thickness). This is complemented by Multiproduct (structural profiles, commercial profiles, tubes, construction materials, other plates). Service capabilities span Cutting Technology (oxycutting, plasma, laser), Preparing Edges/Bevelling, Shot-blasting and Priming, and Additional Services (folding, bending, machining, drilling, pressing). These services target industry Sectors including naval, wind energy, pressure vessels, construction, boilermaking, and automobile/aeronautics. The group operates as a single integrated platform combining stock availability, precision cutting, surface treatment, and finishing — organized as a Service Centre model.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 200,000+ tonnes per year production capacity
• +2 more outcomes

Segments6 records

Ideal customer profiles4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Marcegaglia: Italy-based global steel service center and processor running a network of cutting, processing, and distribution operations across Europe. Most directly comparable to HMF as a multi-site, multi-capability independent plate/steel service center serving industrial customers.
• Dillinger Hütte: German heavy-plate producer specializing in thick plate for shipbuilding, offshore, pressure vessels, and construction — HMF's core segments. Comparable as a thick-plate specialist serving the same certified, regulated end markets.
• Reliance Steel & Aluminum: Large US-listed metals service-center operator providing processing and just-in-time delivery of plate, sheet, and bar products to industrial customers. Most directly comparable business model to HMF (multi-site, processing-led service center), albeit at much larger scale and US-focused.
• Klöckner Metals Europe: European steel and metals distribution and service-center operator providing plate, sheet, and processing services to industrial customers. Closely comparable to HMF's model of stock + cutting + finishing delivered to B2B industrial buyers across multiple geographies.

Broad incumbents

• SSAB: Nordic steel manufacturer of high-strength plate and special steels with own service center operations. Overlaps with HMF in plate supply to shipbuilding, heavy transport, and wind energy, but is vertically integrated into steelmaking.
• Salzgitter AG: German integrated steel and tubes producer with a heavy-plate business serving construction, shipbuilding, and pressure-vessel customers. Comparable in regulated-plate end markets though with full mill integration.
• Voestalpine Steel Division: Austrian integrated steel and processing group producing heavy plate, special sections, and processed steel for automotive, construction, and industrial customers. Comparable in end-market mix and value-added processing orientation.
• ArcelorMittal: World's largest integrated steelmaker with substantial European plate and service-center operations serving construction, shipbuilding, and industrial customers. Comparable in end markets and customer base, though vastly larger and integrated upstream.
• ThyssenKrupp Steel Europe: European flat-steel producer with plate and processing capabilities serving automotive, construction, and industrial customers. Comparable in industrial customer base and plate processing, though integrated upstream into steelmaking.

Regional players

• Celsa Group: Spanish-headquartered steel manufacturer and processor producing long products and rebar, with significant domestic industrial presence. Most direct Spanish-headquartered steel peer to HMF, competing for industrial and construction customers in the Iberian market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/aceros-aviles-sa

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries8 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 Hierros Marcelino Franco