Ferrous Metal Transfer

What Ferrous Metal Transfer does

Ferrous Metal Transfer is a private flatbed transport and logistics provider operating within Ferragon Corporation's industrial network. Founded in 1994 and headquartered in Brooklyn, Ohio, the company employs between 11 and 50 people and serves as the dedicated trucking operation that moves processed metals across the group's facilities. As part of the broader Ferragon umbrella, which also encompasses Ferrous Metal Processing (a Midwest toll processor of flat rolled steel), Ferrolux, Autolum, and HyCAL Corp., Ferrous Metal Transfer provides integrated logistics support that anchors the group's steel processing value chain.

The company's operational model relies on the group's shared infrastructure: rail access via the NS-100 car yard, proximity to the Cleveland Port (5.3 miles from the FMP plant), and dedicated flatbed trucking capacity. This vertical integration allows Ferragon's steel processing subsidiary to receive inbound hot rolled coils and ship outbound processed cold rolled products without dependence on third-party carriers. Ferrous Metal Transfer's value proposition centers on reliability and proximity within the Ferragon network rather than differentiated transport technology, with steel transport handled in-house across hot rolled and cold rolled product flows.

Ferrous Metal Transfer operates a relationship-driven, sales-led go-to-market with quote-based, transaction-fee pricing. Customer segmentation is dominated by intra-group demand from Ferragon's industrial divisions, particularly Ferrous Metal Processing's 333,496 sq ft Cleveland facility. Marketing presence is limited to a basic website (ferrousmetaltransfer.com), with no public pricing, customer logos, or active social media presence disclosed. Revenue mechanics depend on processed steel volumes flowing through Ferragon's toll processing operations, making demand largely a function of US Midwest steel market cycles.

Name

Ferrous Metal Transfer

Legal name

Ferrous Metal Processing

Website

https://ferrousmetaltransfer.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Ferrous Metal Transfer is a private flatbed transport and logistics provider serving Ferragon Corporation's industrial divisions, including sister company Ferrous Metal Processing's Cleveland-area steel operations. Founded 1994, based in Brooklyn, Ohio, with 11-50 employees.

Ownership category

akta.pro rank

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain

Revenue model

1. Toll Processing Services: The company operates as a toll processor for flat rolled steel, where customers send raw steel materials to be processed at FMP's facility. Customers pay for processing services rather than purchasing finished steel products. Services include pickling, slitting (HR and CR), cold rolling, temper rolling, and annealing.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Ferrous Metal Transfer provides flatbed trucking and logistics services for processed metals across Ferragon Corporation's industrial divisions. Operating out of Brooklyn, Ohio (Cleveland area), the company transports processed flat rolled steel and related metal products, complementing the toll processing operations of its sister company Ferrous Metal Processing and leveraging nearby rail and port infrastructure for intermodal logistics.

Product overview

Ferrous Metal Processing offers toll processing of flat rolled steel as a unified portfolio of integrated services. The company operates as a one-stop facility providing hot rolled toll processing (pickling, HR slitting) and cold rolled conversion (CR slitting, cold rolling, temper rolling, annealing) through its fully equipped Cleveland facility. A Met Lab provides metallurgical testing support, and FMP operates its own trucking company for logistics. The processing services are designed to work together, allowing customers to source hot rolled steel and have it converted to fully processed cold rolled output without leaving the facility.

Differentiator

Problem solved

Functional benefit

Brands

• FMP Met Lab: Company's own metallurgical laboratory providing testing and quality assurance services.

Products and services

• Flatbed Transport for Processed Metals
• Intermodal Metals Logistics

Segments2 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

Four partnerships are on record, tiered minor.

• FerroluxminorOthersRelated company under Ferragon Corporation umbrella. Listed as part of the corporate network of steel-related businesses.
• AutolumminorOthersRelated company under Ferragon Corporation umbrella. Listed as part of the corporate network of steel-related businesses.
• HyCAL Corp.minorOthersRelated company under Ferragon Corporation umbrella. Listed as part of the corporate network of steel-related businesses.
• Ferragon CorporationminorOthersParent company of Ferrous Metal Processing. Copyright notice on website states '© 2017 Ferragon Corporation. All Rights Reserved'.

Scale indicators4 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Russel Metals:
• Cleveland-Cliffs: Largest flat-rolled steel producer in North America and Ohio-headquartered integrated steelmaker with downstream processing operations. Comparable in steel processing expertise and Midwest footprint but operates at vastly larger scale with vertical integration.
• U.S. Steel: Integrated steel producer with significant flat-rolled steel operations and downstream processing capabilities. Broader portfolio than FMP but provides a relevant benchmark for steel processing economics and competitive dynamics in the Midwest.

Others

• Ferragon Corporation: Parent conglomerate of Ferrous Metal Processing, encompassing Ferrolux, Autolum, and HyCAL Corp. Relevant as the corporate umbrella that provides ecosystem support, captive demand, and shared services to FMP.

Direct peers

• Olympic Steel: Flat-rolled steel processor and distributor operating service centers across the U.S., with processing capabilities including slitting, cut-to-length, and value-added services. Highly comparable business model and customer base to FMP.
• National Material Company: Steel processing and service center operator with flat-rolled processing capabilities including slitting, blanking, and annealing. Comparable toll-processing business model to FMP serving similar industrial customers.
• Heidtman Steel Products: Flat-rolled steel service center offering slitting, blanking, cut-to-length, and processing services primarily in the Midwest. Comparable to FMP in geographic focus, product mix, and target customers.
• Worthington Enterprises (formerly Worthington Industries): Major U.S. processor of flat-rolled steel offering toll processing, slitting, and coating services across multiple facilities. Directly comparable to FMP as a flat-rolled steel service center/toll processor serving industrial customers, though at significantly larger scale.
• Mill Steel Company: Flat-rolled steel service center and processor headquartered in Grand Rapids, MI, offering slitting, blanking, and other processing services. Comparable Midwest-focused toll processor serving similar industrial customer base.
• Steel Technologies: Flat-rolled steel processor serving automotive, appliance, and construction end markets with slitting, blanking, and other processing services. Directly comparable to FMP's flat-rolled steel toll processing model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Ferrous-Metal-Transfer-100066315893074
• LinkedInlinkedin.com/company/ferrous-metal-transfer

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 Ferrous Metal Transfer