The Paragon Difference

Paragon Steel was founded in 1994 as a 50/50 joint venture between Jerry Henry and Steel Dynamics Inc., as the SDI Butler mill started producing flat-rolled steel. Paragon began as a trusted marketing partner for SDI, handling a diverse mix of SDI-produced material. After acting purely as a distributor, Paragon built its first processing plant, on SDl’s campus, in 1996. As the processing business grew, Paragon later acquired a second processing plant on campus and doubled its size in 2004.

In 2016, Jerry Henry acquired SDI’s interest in Paragon with a focus on expansion and growth in both sales and toll processing. Today, Paragon has two ISO 9001-2015 certified processing facilities located on SDI’s campus. Paragon receives material inbound daily via rail from supplying mills. Rail shipments inbound from SDI are freight free, utilizing Paragon’s fleet of rail cars. Paragon provides daily outbound rail shipments to destinations throughout the country.

Paragon’s Focused Areas of Business

At Paragon Steel, business is more than a transaction. We value lasting partnerships with a focus on communication, consistency, quality, trust, and flexible service. We are problem solvers, committed to going the extra mile for our customers and business partners. With over two decades of experience in the steel distribution and processing industry, our guiding principle at Paragon Steel is “Trust the Process”.



JIT contract business with EDI capabilities.

Processing Material


For customers who purchase directly from SDI and other producers.

Products Offered


Hot Rolled, Hot Rolled Pickled and Oiled, Galvanized, Galvannealed, Galvalume and Cold Rolled steel.

Jerry Henry

Jerry Henry

Pete Henry

Pete Henry
Vice President

Bruce Whitman

Bruce Whitman
General Manager

Todd Lanning

Todd Lanning
Plant Manager

Dawn York

Dawn York

Our Affiliates


Ferrometrics is a risk management and strategy firm, specializing in ferrous derivatives. The Ferrometrics team utilizes the ferrous futures markets to design and implement risk management programs for clients. Ferrometrics was quick to become an established player in the ferrous markets, and is now a leading market maker for a host of exchanges including the CME, LME and NASDAQ. Ferrometrics is based in New York City. Learn More >

A full-line steel service center located in Fort Wayne, Indiana, Midwest has been servicing steel customers throughout the region for over 45 years. Midwest strives to be the region’s premier supplier of structural, flat-rolled, tubing and plate steel products. Learn More >

Located in Fort Wayne, IN, Paragon Tube specializes in producing and maintaining inventory of mechanical and structural tubing for the service center and OEM markets.
Learn More >