SteelSummit Holdings

SteelSummit Holdings, a subsidiary of Sumitomo Corporation of Americas, started in 1984 as Vicksmetal Corporation, a toll processor of electrical grade steels in Vicksburg, Mississippi. Sumitomo decided growth was in order and built Tennessee Metal, a service center in LaVergne, Tennessee, now known as SteelSummit Tennessee. A 1990 acquisition in Cincinnati, Ohio, formerly Ohio Metal Processing completed what is now the core of the SteelSummit service center chain. In 2014, the trading group, Summit Global Trading, was added to the SteelSummit Holdings group. In 2019, SteelSummit Holdings expanded its footprint with the acquisition of Magic Steel. SteelSummit’s headquarters are located in Murfreesboro, Tennessee.