North American Metals, Inc.

What North American Metals, Inc. does

North American Metals, Inc. is a Houston, Texas-based B2B distributor of steel, custom forging, and special metals serving oil tool manufacturers and the broader petroleum and mining industries worldwide. Founded in 1987 and family-owned, the company operates from a single headquarters at 20001 Oil Center Blvd and offers four core product lines — Alloy Steel (e.g., 8620, 4130, 4140, 4145 MOD, 4330 V MOD), Carbon Steel (1018, 1045), Non-Magnetic bars (Amagnit 509, Amagnit 601) used in drilling components, and Stainless Steel (410 Q&DT, 17-4 PH HH1150) — available in round bar, tubing, solid, and trepanned forms. The company complements distribution with in-house value-added processing through 13 CNC-controlled band saws capable of cutting up to 32-1/2" diameter, a TSUNE TK5C-200GL automatic carbide circular saw, and additional equipment for trepanning, boring, honing, shot peening, and hammer peening, plus outsourced heat treating and laboratory testing services.

The business model is direct, sales-led B2B commodity resale: revenue is generated through one-time steel product sales at quote-based unit pricing under Net 30 Days terms, distributed via a structured in-house sales team (President, Vice President, Sales Manager, Sales Representatives, Sales Assistant) targeting enterprise customers in upstream oil and gas, mining, and machinery applications. Delivery options include local and nationwide delivery, mill direct shipments, stocking programs, and blind shipments. North American Metals holds ISO 9001:2015 certification for purchasing, warehousing, and ultimate sale of special metals, overseen by a dedicated Quality System Manager, and works closely with OEMs to maintain compliance with evolving industry specifications such as API 7-1 and API 6A.

The company is privately held with no disclosed institutional investors, funding rounds, subsidiaries, or parent company; ownership and senior leadership (President Troy McMahon, Vice President Juston Festervand) appear concentrated with the founding family and long-tenured executives. Marketing presence is limited to organic Facebook and LinkedIn profiles, and no AI/ML capabilities, mobile applications, API offerings, or patent portfolio are disclosed in the available materials.

Name

North American Metals, Inc.

Legal name

North American Metals, Inc.

Website

https://northamericanmetals.net

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

11–50 employees

Short description

North American Metals, Inc. is a family-owned Houston-based steel, custom forging, and special metals distributor serving oil tool manufacturers and the petroleum/mining industries worldwide since 1987, offering alloy, carbon, non-magnetic, and stainless grades with in-house CNC processing and ISO 9001:2015 certified quality.

Ownership category

akta.pro rank

Product category

Steel and Special Metals Distribution

NAICS

Metal Service Centers and Other Metal Merchant Wholesalers (423510)

SIC

Wholesale-Metals Service Centers & Offices (5051), Wholesale-Metals & Minerals (No Petroleum) (5050)

akta.pro primary industry

Steel Products Trading & Service Centers (Flat, Long, Pipe & Tube, Rebar) (IMAKAJAB)

Keywords

• Steel distribution
• Special metals
• Oil tool materials
• Carbon alloy steel
• Custom forging

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Steel and Metal Product Sales: North American Metals generates revenue through the sale of steel products including carbon steel, alloy steel, stainless steel, and non-magnetic steel bars and tubing. Revenue is generated from one-time product sales with payment terms of Net 30 Days. The company offers products in various conditions including hot rolled, forged rough turned, and seamless mechanical tubing, serving various sectors of the petroleum and mining industries.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

North American Metals is a Houston-based steel, custom forging, and special metals distributor selling carbon steel, alloy steel, stainless steel, and non-magnetic steel in round bar and tubing forms to oil tool manufacturers and petroleum/mining industry customers worldwide. The company maintains a large inventory that includes rare and unique sizes and provides value-added processing (saw cutting, trepanning, boring, honing, shot peening, hammer peening), heat treating through qualified contractors, and full testing services. Distribution is direct sales-led with Net 30 day payment terms and multiple delivery options including local/nationwide delivery, mill direct, stocking programs, and blind shipments.

Product overview

North American Metals, Inc. is a Houston-based steel, custom forging, and special metals distributor serving the petroleum and mining industries since 1987. The company offers a portfolio of four core metal product lines: Alloy Steel (for energy-related pipe applications), Carbon Steel (for machinery and structural use), Non-Mag (non-magnetic drill collars for oil and gas drilling), and Stainless Steel (for corrosion-resistant applications). These products are available in various forms including round bar, tubing, solid, and trepanned varieties. The company also provides value-added processing services including saw cutting, trepanning, boring, heat treating, testing, and shipping.

Differentiator

Problem solved

Functional benefit

Products and services

• Alloy Steel Alloy round bar in solid and trepanned varieties, most commonly used to manufacture pipes for energy-related applications. Includes grades such as 8620, 4130, 4140, 4145 MOD, and 4330 V MOD. Targeted at oil tool manufacturers and petroleum/mining industry customers.
• Carbon Steel High tensile carbon round bars and hot finished seamless tubing for machinery, structure, and industrial applications. Includes grades such as 1018 and 1045. Targeted at buyers in the petroleum, mining, machinery, and structural sectors.
• Non-Mag (Non-Magnetic) Steel Non-magnetic drill collars and bars mainly used for drilling components in the oil and gas industry. Includes Amagnit 509 and Amagnit 601 grades. Targeted at oil and gas drilling component manufacturers.
• Stainless Steel High strength stainless steel with corrosion resistance for demanding applications. Includes grades such as 410 Quenched & Double Tempered and 17-4 PH HH1150. Targeted at buyers requiring corrosion-resistant, high-strength steel for oil and gas, mining, and industrial applications.

Quantifiable outcome

• Diverse inventory servicing various sectors of petroleum/mining industries
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Kloeckner Metals: Steel and metals service center operating across the US with processing and distribution capabilities including cutting, leveling, and slitting. Comparable to NAM in metal service center model, though broader product portfolio and more digitized ordering.
• Continental Steel & Tube: Specialty metals distributor focused on steel, aluminum, and stainless bar, tube, and plate serving industrial customers. Comparable to NAM in specialty/mid-size distribution positioning and online catalog presence.
• Ed Fagan Inc. Specialty metals distributor focused on high-temperature alloys, magnetic and non-magnetic alloys, tool steels, and aerospace/defense grades. Comparable to NAM in specialty metals distribution and similar niche positioning on hard-to-find alloys.
• National Specialty Alloys: Specialty alloy and stainless steel bar distributor with cut-to-size processing and oil & gas / industrial end-market focus. Comparable to NAM in specialty bar distribution for energy applications.
• Russel Metals: North American metals service center and distributor with energy, machinery, and industrial end markets. Comparable to NAM in steel bar/tube distribution, processing services (cutting, heat treating), and energy sector exposure, though at materially larger scale.
• TW Metals: Specialty metals distributor with strong focus on stainless, aluminum, and high-performance alloys serving aerospace, oil & gas, and industrial customers. Closely comparable to NAM in product mix (specialty bar/tube) and oil & gas end-market exposure.

Broad incumbents

• Olympic Steel: US metals service center focused on carbon, stainless, and aluminum flat-rolled products plus specialty steel. Comparable as a mid-size service center competitor with processing capabilities and oil & gas exposure through its specialty metals segment.
• Reliance Steel & Aluminum Co. Largest US metals service center operator with a broad portfolio of carbon, stainless, and aluminum products across numerous end markets. A broader incumbent competitor that overlaps with NAM on standard steel bar/tube but does not specialize in NAM's oil tool niche.
• Ryerson Holding Corporation: US metals service center with broad carbon, stainless, and aluminum products plus processing and digital ordering capabilities. A broader incumbent with overlapping offerings to NAM, including energy sector exposure.
• Worthington Enterprises: Industrial manufacturer and steel processor with significant pressure cylinder and steel processing operations. Overlaps with NAM on steel processing capabilities and downstream oil & gas applications, though broader scope.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/north-american-metals-inc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 North American Metals, Inc.