The company started its steel marketing and distribution services in 1997 as part of Oxbow Carbon & Minerals (OCM), a leading global producer, marketer and distributor of raw materials to both the domestic and international steel community. While concentrating on West Coast opportunities, the company developed and perfected a unique business model and experienced dramatic growth at the start of the new millennium. As the company grew, it became apparent that it made sense to separate the steel marketing and distribution activities from the carbon and minerals business allowing each entity to focus on their core competencies. In 2006, Oxbow Steel International was formed becoming a wholly-owned subsidiary of Oxbow Group. In 2010, the company committed to develop a strategic balance in terms of product and geographic diversification, opened a sales office in Pittsburgh, PA. This expansion provided an opportunity to bring the unique business model to the East, Midwest and Southeast markets. In 2013, the management team, with the help from outside investors and banking partners, was able to purchase Oxbow Steel from its parent Oxbow Carbon & Minerals Holdings. As part of the purchase agreement, in February of 2014, the company changed its name to Optima Steel International, LLC.