Sourcing, consigning, slitting, blanking, cutting, painting, distributing, fabricating and managing the price risk along the way.
We manage the steel supply chain for our customers so that they can focus on running and growing their businesses.
ABOUT US
Ferrosource LLC is a global procurement and distribution company focused on supply chain and risk management in ferrous metals markets.
Ferrosource works with an established network of mostly OEM customers to supply steel, rebar, and raw materials to meet its customers’ exacting needs. The team at Ferrosource is highly experienced at handling all steps in the domestic and global supply chain so that our customers can focus on running their businesses rather than dealing with sourcing, financing, and logistics.
Ferrosource has special expertise at managing price risk and can offer suppliers and customers either fixed pricing or variable pricing tied to domestic or global price indices.
Ferrosource has processing facilities located in Florida and Pennsylvania as well as affiliates throughout the USA.
PRODUCTS
The Ferrosource team works with customers to ensure that their requirements, whether standard grade or highly specialized, are met. Whether sourcing for customers in the local market or from far away global suppliers, it is critical that customers get on-time supply meeting their required specifications and processing requirements.
Ferrosource works in partnership with select top tier domestic and global raw material suppliers and steel mills to market their products to Ferrosource’s well-established customer base in North America and Europe.
Hot Roll
Cold Roll
Hot Dip Galvanize
Galvanneal
Galvalume
Prepaint
Pipe, Tube & Long Products
Rebar
SERVICES
Ferrosource works closely with a well-established network of suppliers, logistics providers, warehouses, and carriers (ocean, barge, rail, and truck) to ensure a high quality service to our customers.
Metal Processing
Slitting
Cut to length sheets
Multi-blanking
Stretcher leveling
Master Coils
Inventory management
Stocking programs
Consignment
J.I.T.
Long term contracts
Spot inventory
Logistics
Trucking
Rail
Barge
Breakbulk
Container
Rebar Operations
Fabrication/cut to length bundled and tagged
Estimating, detailing and shop drawings
PROCESSING
LOCATIONS
Ferrosource and its affiliate and third party processing partners are strategically located near domestic producing mills and transit hubs to give our customers a logistic advantage.
Ferrosource Processing Facility
60-62 Vincent Circle,
Ivyland, PA 18974
Mission Metals
1251 West Durst Drive
Rialto, CA 92376
Paragon Steel
4211 Company Road 61
Butler, Indiana 46721
Ferrosource Processing Facility
1011 Blanche Street, Building 4
Jacksonville, FL 32204
San Diego Vista Steel Service Corp
8753 Kerns Street
San Diego, CA 92154
RISK MANAGEMENT
The Ferrosource team is expertly proficient at structuring steel price risk management solutions.
Ferrosource can provide suppliers and customers with fixed pricing or minimize market exposure by structuring transactions so that pricing is tied to global price indices (such as Platts Turkish Scrap or US Midwest Hot Rolled). Ferrosource also has capability to provide qualified suppliers and customers with specialty financing and stocking programs for their raw materials and finished goods.
AFFILIATES
Ferrosource is affiliated with several large steel processing and distribution companies that complement Ferrosource’s own brick and mortar operations. Our affiliates are in the heartland of the USA: Midwest Pipe & Steel, Paragon Steel, and Paragon Tube. These companies process, consume and distribute the full range of raw materials as well as flat and long steel products. In addition, Ferrosource is affiliated with Ferrometrics, a major player in global ferrous futures markets, and with global Japanese trading house Hanwa. Ferrometrics provides expert assistance to provide hedging for Ferrosource’s domestic customers. Hanwa and Ferrosource work together to provide customers with competitive cost stocking and inventory release programs.