Worthington Steel, Inc.

Worthington Steel, Inc. is an American publicly traded steel processing company headquartered in Columbus, Ohio. Founded in 1955 by John H. McConnell, the company became a standalone public entity in December 2023, following its separation from Worthington Industries. The company operates under a philosophy rooted in the Golden Rule, prioritizing respectful relationships with its employees, customers, and shareholders.

As an intermediate processor of carbon flat-rolled steel, Worthington Steel offers a range of value-added services including pickling, galvanizing, slitting, blanking, and specialty re-rolling. The company also specializes in the production of electrical steel laminations and tailor-welded blanks, including those made from aluminum. Its advanced steel solutions cater to various end markets such as automotive, agriculture, construction, energy, and heavy truck industries.

Under the leadership of President and CEO Geoff Gilmore, Worthington Steel is focused on strategic growth and sustainable innovation. Recent notable developments include the acquisition of a 52% controlling equity stake in Sitem SpA, an Italian manufacturer of electric motor laminations, in December 2024, and a tender offer to acquire Kloeckner & Co SE, a German metals processor, which commenced in early 2026. The company is positioned as a significant player in the basic materials sector, with a growing emphasis on electrification and sustainability-driven opportunities.