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Service Centers
The latest news on companies processing and distributing steel products.
Latest News
August Service Center Shipments Slow in the U.S. and Canada
20 September 2012 - August 2012 shipments were slightly lower than in the same month in 2011 for steel and aluminum in the U.S. and for steel in Canada. Although Canadian aluminum shipments were higher than the prior year, the increase slowed significantly.
Russel Metals Comments on Strike at Boucherville Plant in Quebec
11 September 2012 - Russel Metals Inc. announced that it is in discussions with the Québec Ministry of Labour and the Confédération des Syndicats Nationaux (CSN) representatives to reach agreement on language and issues related to the company’s Acier Leroux plant in Boucherville, Quebec. During this process the union has taken strike action.
Leeco Steel Breaks Ground on Ft. Worth Facility
10 September 2012 - Leeco Steel, a leading global supplier of carbon, HSLA, heat-treated and alloy plate steel, has started construction of its 73,000 square-foot warehouse facility in Cleburne, Texas, approximately 30 miles south of Ft. Worth.
Majestic Steel USA Wins NorthCoast 99 Award
10 September 2012 - Majestic Steel USA is honored to be recognized by ERC as one of Northeast Ohio’s best places to work.
CME Group Announces First Trades and Clearing of Hot Rolled Coil Steel Options
10 September 2012 - CME Group announced the first trades of its U.S. Midwest Domestic Hot-Rolled Coil (HRC) Steel Index options equivalent to 20,000 tons (1,000 contracts), which were cleared through CME ClearPort.
Bushwick Metals Acquires Tarco Steel
04 September 2012 - Bushwick Metals has announced the acquisition of Tarco Steel and Metal Fab, a steel service center and fabrication shop located in Binghamton, N.Y., effective 4 September.
SCHMOLZ + BICKENBACH Europe Names New Top Management
03 September 2012 - Susanne Peiricks is taking over the function of CEO of SCHMOLZ + BICKENBACH Europe GmbH from 1 September 2012.
Russel Metals to Acquire Alberta-Based Apex Distribution
30 August 2012 - Russel Metals Inc. has entered into an agreement with Apex Distribution Inc. pursuant to which Apex has agreed to deal exclusively with Russel Metals until 31 October 2012 and the parties have agreed to negotiate in good faith to enter into a definitive agreement for the acquisition by Russel Metals of Apex Distribution and related companies.
Luvata Breaks Ground on Coil-Coating Plant in Mexico
27 August 2012 - Luvata, a world leader in metal solution manufacturing, heat transfer technology and engineering and design services, has broken ground on its latest facility - a coatings plant in Ramos Arizpe, Coahuila, Mexico.
OSHA Cites Precision Steel Services with 11 Safety Violations at Toledo Facility
27 August 2012 - The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Toledo-based Precision Steel Services Inc. with 11 safety violations, including a repeat violation for failing to remove from service a forklift that was in need of repair.
Edgen Murray Expands European Presence with Norway Office and Stock Facility Opening
27 August 2012 - Edgen Group Inc., through its subsidiary, Edgen Murray, a leading global supplier of specialty steel products and logistics solutions for the energy and infrastructure sectors, is expanding its presence in Europe with the opening of a new office and stock facility in Sandnes, Norway.
Marmon/Keystone Expands Alloy Inventory
24 August 2012 - Marmon/Keystone recently broadened their product offerings by adding a wider variety of 4140 alloy tubing to their inventory.
voestalpine Steel Service Center Romania Opens For Business
23 August 2012 - A major milestone was celebrated on 23 July 2012 in Giurgiu, Romania: the start of production operations at voestalpine Steel Service Center Romania SRL.
North American Service Centers Report Steady Business Conditions
17 August 2012 - Canadian aluminum shipments were the bright spot in an otherwise quiet July. Steel shipments and shipments of aluminum in the U.S. were nearly flat in both countries.
China Precision Steel Announces Resignation of Director
17 August 2012 - China Precision Steel, Inc., a niche precision steel processing company principally engaged in producing and selling high precision, cold-rolled steel products, announced the resignation of Che Kin Lui from the Board of Directors, effective 8 August 2012, due to personal reasons.
Klöckner & Co. Reports Results for First Half of 2012
14 August 2012 - Klöckner & Co.’s turnover and sales increased sharply in the first six months of 2012, primarily from the acquisition of Macsteel Service Centers USA and strong organic growth in the U.S.
Jemison Demsey Mulls New Alabama Plant
13 August 2012 - Flat-rolled steel processor Jemison Demsey Metals has received tax abatements to build a $28.1 million facility in the Decatur, Ala., area.
Aurora Capital Sells New Star Metals; Retains Ownership of Miami Valley Steel
09 August 2012 - Aurora Capital Group's affiliate Aurora Resurgence has sold New Star Metals, Inc. and its Premier Resource Group and Electric Coatings Technologies subsidiaries to an affiliate of Insight Equity Holdings LLC. Aurora Resurgence also sold the U.S. Metals and Supply division of New Star to Custom Steel Processing, Inc. and retained its ownership of Miami Valley Steel Service.
Olympic Steel Reports 2012 Second Quarter Financial Results
09 August 2012 - Olympic Steel, Inc., a national metals service center, announced its financial results for the second quarter and six months ended 30 June 2012; second quarter sales increased 23% while net income fell 43% year-on-year.
Metal One Building New Steel Sheet Processing Center in Mexico
06 August 2012 - Japan's Metal One Corporation has established and begun construction of Nicometal Hidalgo, a steel sheet processing center in Atitalaquia in Mexico's state of Hidalgo that will primarily serve the automotive sector.
