What are Olympic Steel Inc's Business Segments?
Through our CTI subsidiary, we maintain inventory of round, square, and rectangular
mechanical and structural tubing; hydraulic and stainless tubing; boiler tubing;
carbon, stainless, and aluminum pipe; and valves and fittings. CTI provides a
variety of value added services to its tube and pipe product line, including saw
cutting, laser cutting, beveling, threading and grooving. CTI also fabricates
pressure components supplied to various industrial markets.
Customer orders are entered or electronically transmitted into computerized order
entry systems, and appropriate inventory is selected and scheduled for processing
in accordance with the customer’s specified delivery date. We attempt to
maximize yield and equipment efficiency through the use of computer software and
by combining customer orders for processing each coil, plate, tube or pipe to
the fullest extent practicable.
Our services include both traditional service center processes of cutting-to-length,
slitting, flattening, sawing and shearing and higher value-added processes of
blanking, tempering, plate burning, laser cutting, precision machining, welding,
fabricating, bending, beveling, polishing, kitting and painting to process metals
to specified lengths, widths and shapes pursuant to specific customer orders.
Cutting-to-length involves cutting metal along the width of the coil. Slitting
involves cutting metal to specified widths along the length of the coil. Shearing
is the process of cutting sheet metal. Blanking cuts the metal into specific shapes
with close tolerances. Tempering improves the uniformity of the thickness and
flatness of the metals through a cold rolling process. Plate and laser processing
is the process of cutting metal into specific shapes and sizes. Our forming activities
include bending metal. Our machining activities include drilling, milling, tapping,
boring and sawing. Tube processing includes tube bending and end finishing. Finishing
activities include shot blasting, grinding, edging and polishing. Our fabrication
activities include machining, welding, assembly and painting of component parts.
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