Service Centers
The latest news on companies processing and distributing steel products.
Latest News
Russel Metals Announces Second Quarter Results
03 August 2012 - Russel Metals Inc. announced second quarter 2012 earnings of $23 million on revenues of $719 million.
Reliance Steel & Aluminum Announces New Board Member
31 July 2012 - Reliance Steel & Aluminum Co. announced that Sarah J. "Sally" Anderson, 62, has joined its Board of Directors effective 24 July 2012.
A.M. Castle Reports Second Quarter 2012 Results
31 July 2012 - A. M. Castle & Co., a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, reported financial results for the second quarter ended 30 June 2012.
Gonvarri Steel Services Locating New Facility in South Carolina
30 July 2012 - Gonvarri Steel Services, a provider of steel processing to manufacturers, announced plans to locate its new production plant in Union County, S.C., USA.
Reliance Steel & Aluminum Co. Reports Second Quarter Results
26 July 2012 - Reliance Steel & Aluminum Co. reported net income of $108.8 million on sales of $2.21 billion during the second quarter even as general economic uncertainty and declining prices for its products negatively pressured volumes and pricing.
Metals USA Reports Improved First Half Results
23 July 2012 - Metals USA Holdings Corp. reported its results for the three and six month periods ended 30 June 2012.
Lee Steel to Add EPS Line at New Site
13 July 2012 - Flat-rolled carbon steel processor Lee Steel Corp. plans to break ground on a greenfield facility in Romulus, Mich., complete with an environmentally friendly pickling line, as demand for its products continues to grow.
Ryerson Announces Major Expansion to Columbus Operation
12 July 2012 - Ryerson, a leading processor and distributor of metals in North America, announced a major renovation and expansion of its Columbus, Ohio, service center.
Reliance Steel & Aluminum Acquires Airport Metals of Australia
09 July 2012 - Reliance Steel & Aluminum Co., through its newly-formed subsidiary Bralco Metals (Australia) Pty Ltd., has acquired substantially all of the assets of Airport Metals (Australia) Pty Ltd., a subsidiary of Samuel Son & Co., Limited.
Outokumpu Divests Part of Its European Stock Operations
04 July 2012 - Outokumpu is consolidating the group’s stocking operations into a smaller number of locations in Europe and deepening cooperation with independent distributors.
MISA Becomes Sole Owner of RSDC of Michigan
03 July 2012 - Marubeni-Itochu Steel America Inc. (MISA) has reached agreement with Steel Technologies to acquire 100% interest in RSDC of Michigan. The plant, located in Holt, Mich., was previously a 50/50 joint venture between the two companies.
Ryerson Names Edward J. Lehner as CFO
02 July 2012 - Ryerson, a leading processor and distributor of metals in North America, announced the appointment of Edward J. Lehner to the position of Executive Vice President and Chief Financial Officer (CFO), effective 1 August 2012.
2012 Awards for Steel Excellence Winners Announced
22 June 2012 - American Metal Market (AMM) recently announced the winners of this year's Awards for Steel Excellence.
Nucor Completes Acquisition of Skyline Steel
21 June 2012 - Nucor Corporation has completed the acquisition of Skyline Steel and its subsidiaries for the purchase price of approximately US$605 million.
Marmon/Keystone Canada Increases Cutting Capabilities in Alberta
19 June 2012 - Marmon/Keystone Canada's Leduc, Alberta facility recently added a new Amada CMB 150 cold cut production saw with a 6" OD capacity to its already comprehensive cutting capabilities.
U.S. and Canadian Service Center Shipment Growth Picks Up in May
18 June 2012 - Growth in May shipments of aluminum and steel accelerated in both the U.S. and Canada, an improvement from the smaller growth levels shown in April. Inventory positions improved slightly in both countries, according to the latest report from the Metals Service Center Institute.
Kloeckner Metals Announces New Light Gauge Flat Rolled Processing Facility
18 June 2012 - Kloeckner Metals announced it will build a light-gauge flat rolled processing center on the campus of ThyssenKrupp USA’s state-of-the-art carbon flat rolled mill in Calvert, Ala.
Salzgitter AG Takes Over Part of the Operations of Kovac Stahl, Graz/Austria
12 June 2012 - Salzgitter AG/Germany has signed a contract to acquire the Graz- and Gratkorn-based operations of Kovac Stahl, Graz/Austria.
Russel Metals to Acquire Alberta Industrial Metals
28 May 2012 - Russel Metals has signed an agreement to acquire Alberta Industrial Metals Ltd., a metals distribution and processing service center located in Red Deer, Alberta.
Russel Metals Announces First Quarter Results
04 May 2012 - Russel Metals Inc. announced first quarter 2012 earnings of $33 million, or $0.55 per share on revenues of $803 million. These results matched the earnings in the same quarter last year and are above the fourth quarter 2011 earnings of $0.47 per share.