Greer Steel

Greer Steel is a leading provider of cold rolled strip steel in North America, specializing in high carbon, low carbon, high-strength low-alloy, and alloy steels. The company operates a state-of-the-art facility in Dover, Ohio, offering advanced capabilities such as cold rolling, hydrogen annealing, pickling, slitting, shearing, wire flattening, traverse winding, edge profiling, and finishing.

With its products, Greer Steel serves a diverse range of industries including automotive, service centers, hardware, hand tools, and stamping, as well as applications in industrial manufacturing and specialty materials. Its expertise in producing precision steel grades makes it an important supplier for sectors requiring high-performance materials, aligning with Mutares’ new Chemicals & Materials segment. In 2024, Greer Steel shipped over 18,000 tons of product, with 96% of sales in the U.S. and 4% in Canada. The company employs around 110 people.

Strategy

Following its acquisition by Mutares, Greer Steel aims to accelerate growth and strengthen its position in the North American steel processing market. The strategy focuses on unlocking cross-selling opportunities with automotive customers, driving operational improvements and inventory optimization, and implementing targeted investments. These initiatives will leverage Greer Steel’s technical expertise and reputation for quality to create a robust platform for expansion and long-term value creation.