Sidermec

Name

Sidermec

Legal name

Sidermec S.p.a.

Website

https://sidermec.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Steel Service Center

SIC

Sheet Metal Work (3444)

akta.pro primary industry

Cold Rolling & Finishing (Cold-Rolled Coil/Sheet, Temper, Skin Pass) (IMAKABAF)

Keywords

• Tinplate processing services
• Steel service center
• Metal packaging materials
• Coil cutting services
• Chromium coated steel

Headquarters

HQ city

Sant'angelo Lodigiano

HQ country

Italy

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Metal Processing and Trading: Sale, cutting, and flattening of tinplate, chromium coated steel, and black plate. The company processes approximately 90,000 tonnes annually and offers just-in-time delivery with total product traceability.
2. Material Reclassification Services: Reconditioning and selection of materials, providing first-choice upgraded material guaranteed for final use suitability
3. Logistic and Financial Services: Storage, financing through re-invoicing payment plans, work account services, and deposit account delivery options

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Sidermec is a European service centre that purchases, processes, and sells tinplate, chromium coated steel, and black plate for industrial metal packaging manufacturers. The group operates three manufacturing hubs (two in Italy, one in Belgium) providing in-line coil cutting, slitting, flattening, and shearing services, complemented by material reclassification, warehousing, and logistics-financial services. Output ranges from 0.130mm to 0.49mm thicknesses and 450-1200mm widths, with approximately 90,000 tonnes processed and sold per year.

Product overview

Sidermec is a service center offering tinplate, chromium coated steel, and black plate processing services across Europe. The company operates three manufacturing hubs (two in Italy, one in Belgium) providing a unified portfolio of core steel products combined with processing services. The product line centers on tinplate (banda stagnata), chromium coated steel (banda cromata), and black plate (banda nera) available in thicknesses from 0.130mm to 0.49mm and widths from 450 to 1200mm. These core materials are complemented by value-added services including cutting and slitting, flattening and shearing, material reclassification, and storage/warehouse services. The company also provides logistics and financial services such as re-invoicing plans and deposit account options.

Differentiator

Problem solved

Functional benefit

Brands

• ARTIN: Communication project combining art and tinplate to promote the extraordinary properties of steel and tinplate through contemporary art, exhibitions, and events.

Products and services

• Tinplate (Banda Stagnata) Electrolytic tinplate sheets and coils supplied to metal packaging manufacturers for food, aerosol, crown cap, twist-off, general line, and fancy box packaging applications.
• Chromium Coated Steel (Banda Cromata) Chromium coated steel sheets and coils used in metal packaging and broader industrial applications.
• Black Plate (Banda Nera) Black plate steel sheets and coils supplied for industrial packaging and other applications.
• Cutting and Slitting Services In-line coil cutting with slitting, executed on numerically controlled cutting lines with straight cut, scroll, and lateral trim capabilities for metal packaging and industrial customers.
• Flattening and Shearing Services Manual or automatic sheet selection, flattening, and shearing of processed coils to meet customer size and grade specifications.
• Material Reclassification Reconditioning and selection of materials to deliver first-choice upgraded material guaranteed for end-use suitability comparable to standard prime material.
• Storage and Warehouse Services Double warehouse facilities in Italy and Belgium with safety stock capabilities, enabling fast delivery across Northern Europe and the Mediterranean basin.
• Logistics and Financial Services Storage-to-delivery logistics combined with re-invoicing payment plan financing, work account services, and deposit account delivery options for industrial customers.

Quantifiable outcome

• 90,000 tonnes processed and sold per year with 40,000 tonnes storage capacity
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

13 partnerships are on record, tiered core, major, flagship and minor.

• SiderparrcoreStrategic or Co-development Partner · 1 January 2017Company acquired by Sidermec Group in 2017, specializing in ferrous and non-ferrous scrap recovery. Plays an active role in reducing waste and supplying electric furnaces for green steel production, supporting circular economy principles.
• Indumet S.a.coreStrategic or Co-development Partner · 1 January 1994Belgian company partnership established in 1994. Strategic collaboration enabling the group to operate 2 manufacturing hubs capable of efficiently covering the entire North Europe and Mediterranean area markets. Indumet S.a. is now a subsidiary of the Sidermec Group.
• Tata SteelmajorOthersMajor European steel mill and qualified supplier. All suppliers are ISO 9001 certified ensuring reliability for customers.
• ArcelorMittalmajorOthersMajor European steel mill and qualified supplier. All suppliers are ISO 9001 certified ensuring reliability for customers.
• U.S. Steel (USS)majorOthersMajor steel producer and qualified supplier. All suppliers are ISO 9001 certified ensuring reliability for customers.
• ThyssenKruppmajorOthersMajor European steel producer and qualified supplier. All suppliers are ISO 9001 certified ensuring reliability for customers.
• HBIS GroupmajorOthersMajor international steel producer and recently added qualified supplier from Asia region to diversify offerings.
• Androni Giocattoli-SidermecflagshipGTM or Marketing PartnerProfessional cycling team sponsorship. Sidermec has been a historic sponsor alongside Androni Giocattoli, with team achievements including 5 continental titles, 3 Italian team championships, 22 Giro d'Italia appearances, and 15 stage wins. Later continued with Forte-Petrolike-Sidermec team.
• Francesco BocchiniflagshipStrategic or Co-development PartnerContemporary artist collaborating with Sidermec Group on the Artin project. Creates artworks from tinplate demonstrating the material's properties - rigid but malleable, suitable for multiple forms. Partnership celebrated at EMPAC conference during Sidermec's 40th anniversary.
• SPINA Theatre CompanyminorStrategic or Co-development PartnerLyon-based theatre company specializing in expressive possibilities of metallic materials. Collaboration created show ID +/- using costumes and scenery made from Sidermec production surplus, celebrating tinplate's recyclability.
• ANFIMAmajorGTM or Marketing PartnerItalian National Packaging Manufacturers Association. Sidermec participated in ANFIMA events organized in Rome, showcasing tinplate artworks and connecting with industry partners.
• Metal Packaging Europe (MPE)majorGTM or Marketing PartnerEuropean metal packaging industry association. Sidermec participated in MPE events in Brussels, organized exhibitions of tinplate artworks by Francesco Bocchini, and connected with the CEO Leonie Knox-Peebles.
• EmpacmajorGTM or Marketing PartnerEuropean Metal Packaging Association. Partnered with Sidermec for Artin project presentation during their 40th anniversary activities, promoting tinplate and steel properties.

Scale indicators9 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Voestalpine: Voestalpine is an Austrian-headquartered steel and technology group with a significant flat-rolled steel processing business serving European packaging and industrial customers. It is a broad incumbent with overlapping service center capabilities to Sidermec, particularly in high-quality surface-critical steel products.
• ArcelorMittal: ArcelorMittal is the world's largest steel producer and a major supplier of tinplate and packaging steel to Sidermec. While primarily an upstream mill, it also operates downstream service center activities, making it both a key supplier and a broad incumbent competitor in European flat steel.
• Tata Steel: Tata Steel is a major European tinplate producer and a qualified supplier to Sidermec. It operates integrated steelmaking with downstream service center divisions, making it both an upstream partner and a broader incumbent with overlapping flat-rolled steel processing activities.
• Salzgitter AG: Salzgitter AG is a German integrated steel producer operating the Ilsenburger Grobblech flat steel business and downstream service center activities. As a major European flat-rolled steel player, it is a broad incumbent comparable to the upstream mill suppliers that Sidermec relies on.
• ThyssenKrupp: ThyssenKrupp Steel Europe produces packaging-grade steel including tinplate for the metal packaging industry and is a qualified supplier to Sidermec. As a major integrated steelmaker with downstream processing operations, it represents a broad incumbent competitor across the value chain.
• SSAB: SSAB is a Nordic steel producer with operations in advanced high-strength steel and service center activities across Europe. While its core focus differs from tinplate, its downstream service center model and European footprint make it a comparable broad incumbent in flat-rolled steel processing.

Direct peers

• Kloeckner & Co: Kloeckner & Co is one of Europe's largest independent metal service center distributors, with operations spanning flat-rolled steel processing, cutting, and distribution across multiple countries. Like Sidermec, it acts as an intermediary between steel mills and end manufacturers with added-value processing services.
• Olympic Steel: Olympic Steel is a North American metal service center specializing in flat-rolled steel processing, cutting, and distribution to industrial end markets. While geographically distant, its business model - value-added processing of carbon flat-rolled steel between mills and end manufacturers - is directly comparable to Sidermec's operating model.
• Russel Metals: Russel Metals is one of Canada's largest metal service center operators, distributing and processing steel, aluminum, and other metals to industrial customers. Its service center business model with cutting, processing, and distribution is directly comparable to Sidermec's tinplate service center operations.
• Marcegaglia: Italy-based Marcegaglia is the largest independent steel processor in Europe, operating flat-rolled steel service centers and processing coils into finished and semi-finished products. It is the closest direct peer to Sidermec in terms of business model, geographic focus, and customer overlap in metal packaging and industrial applications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 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 Sidermec