Expanding Operations to Celaya, MX​

STEEL TECHNOLOGIES TO EXPAND OPERATIONS IN MEXICO

LOUISVILLE, Ky. (April 2, 2012) – Steel Technologies LLC (Steel Technologies) today announced it has secured land in the municipality of Celaya, Mexico, to construct its recently announced flat-rolled steel processing operation. The new 125,000-square-foot facility will be equipped with two slitting lines as well as space for additional equipment under consideration. Construction will begin in April, and the facility is expected to be fully operational by the end of the year.

“We are committed to bringing value-added services and capabilities to new and existing customers that are growing in the Central and Southern regions of Mexico,” said Michael J. Carroll, President and CEO of Steel Technologies. “The new Celaya operation will expand our geographic reach within Mexico and will complement our strong network of steel processing facilities within the country.”

Steel Technologies, headquartered in Louisville, Kentucky, is one of the leading steel processors in North America and leverages its broad geographic network of operations to deliver value-added products and services to customers. Steel Technologies processes flat-rolled steel to specific thickness, width, temper, finish and shape requirements for the automotive, appliance, lawn and garden, agriculture, construction, office furniture, hardware and consumer goods industries. Steel Technologies is owned as a 50-50 joint venture between Nucor Corporation, North America’s leading manufacturer of steel products, and Mitsui & Co. (U.S.A.), Inc., a wholly owned subsidiary of Mitsui & Co., Ltd., a diversified global investment and service enterprise based in Tokyo, Japan. More information about Steel Technologies can be found at www.steeltechnologies.com.​

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