Capital Improvements

As a private, family-owned company, Charter Steel focuses on long-term, strategic objectives. Our conservative and consistent approach to management and innovation has ensured our customers a reliable supply of quality steel for more than two decades.

Charter Steel has invested more than $750 million in new facilities and capital improvements over the last two decades

These investments include:

  • 2019 will bring a new product line to Charter Steel in the form of Special Bar Quality (SBQ) Bar in lengths. A new SBQ mill is being constructed adjacent to the coil mill and steelmaking operations in Cuyahoga Heights, Ohio.

    New SBQ mill in Cleveland, Ohio
  • March 2006 saw the completion of a brand new state-of-the-art melting facility on the Cuyahoga Heights, Ohio campus. The expansion project included an electric arc furnace, a ladle metallurgical furnace, a vacuum degassing unit, and a billet casting facility.
  • Charter continued its history of growth and reinvesting in the company in 2005 with a $12 million dollar furnace expansion in its Rising Sun, Ohio processing facility. The investment included 4 new short-time cycle furnaces and the building expansion to house them.
  • The March 2002 acquisition of Birmingham Steel's American Steel and Wire division in Cuyahoga Heights, Ohio further increased Charter Steel's coil-making capacity.

  • The March 2002 completion of a major expansion of the Saukville rolling mill that allows Charter Steel to roll bar sizes to 1-3/8" (34.9 mm) in diameter.
  • The November 2000 addition of a carbon and alloy coil processing and distribution facility in Fostoria, Ohio. This site has been continuously upgraded and expanded to keep up with growing and changing customer demand since its inception.

    Processing and distribution facility in Fostoria, Ohio
  • The January 2000 expansion of Charter Steel's Saukville processing facility, which included the opening of a third chemical cleaning/coating facility, the addition of two continuous annealing furnaces and the expansion of Charter Steel's wire-making capabilities.