The story about a small-town family that has to grapple with difficult situations caused by their an alcoholic father.
Ugly Betty star America Ferrera stars with Thomas Guiry, John Heard, Clayne Crawford and Raymond J Barry.
The project played in competition at Sundance 2006.
'Steel City is an astonishing debut of the kind of film that finds complex emotional truths in even the simplest exchanges,' said Kelly Sanders, executive director of Truly Indie, 'It also has some of the finest performances of any recent independent film I've seen.'
The deal was negotiated by producer Ryan Harper with Truly Indie executive director Kelly Sanders and head of business and legal affairs Jason Janego.
Steel City is produced by Rusty Gray, Ryan Harper and Brian Jun for Your Half Pictures. Executive producers are Eric Arlt, Mark Covington, Mike Gandy, and PJ Jun.