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Service Centers
The latest news on companies processing and distributing steel products.
Latest News
Russel Metals Announces Third Quarter Results
04 November 2011 - Russel Metals announced earnings of $26 million on revenues of $705 million for the third quarter, and net earnings of $90 million on revenues of $2.0 billion for the nine months ended September 30, 2011.
Reliance Steel & Aluminum Reports Third Quarter Results
31 October 2011 - Reliance Steel & Aluminum reported net income of $84.9 million on sales of $2.14 billion for the third quarter and net income of $275.9 million on sales of $6.10 billion for the nine months ended September 30, 2011.
Steel Technologies to Expand Operations in Mexico
04 October 2011 - Steel Technologies LLC has announced plans to construct a new flat-rolled steel processing operation in the Bajio region of central Mexico.
Steel Technologies to Expand Operations in Mexico
11 August 2011 - The Pesqueria Municipality in Mexico has authorized for industrial use a Greenfield site previously announced by Steel Technologies LLC as the location for its new flat-rolled steel processing and pickling operation in Monterrey.
Reliance Steel & Aluminum Acquires Continental Alloys & Services
04 August 2011 - Reliance Steel & Aluminum has completed its acquisition of the outstanding capital securities of Continental Alloys & Services, Inc., and certain affiliated companies.
Russel Metals Announces Strong 2nd Quarter Results
04 August 2011 - Russel Metals announced earnings of $31 million on revenues of $619 million for the second quarter, and net earnings of $64 million on revenues of $1.3 billion for the first six months of 2011.
Olympic Steel Announces Management Changes
03 August 2011 - Olympic Steel, Inc. announced a series of management changes, beginning with the promotion of Andrew S. Greiff to the newly formed position of President of Specialty Metals.
Reliance Steel & Aluminum Reports 2nd Quarter Results
01 August 2011 - Reliance Steel & Aluminum reported net income of $98.7 million on sales of $2.05 billion for the second quarter and net income of $191.0 million on sales of $3.96 billion for the six months ended June 30, 2011.
Reliance Steel & Aluminum Announces New Credit Facility
28 July 2011 - Reliance Steel & Aluminum has amended and restated its existing $1.1 billion unsecured revolving credit facility for five years and increased the size to $1.5 billion.
Metals USA Reports Q2 Sales and Volume Growth
26 July 2011 - Metals USA Holdings Corp. reported net sales for the second quarter of 2011, ended June 30, 2011, of $505.6 million, up 51% from a year ago. Net income for the second quarter was $21.5 million compared to $2.5 million for the same period in 2010.
Lakeside Steel, Metals USA Enter Services Agreement
15 June 2011 - Lakeside Steel Inc. has entered into a four-year contract with Metals USA for the provision of steel slitting and warehousing services to support Lakeside's new steel pipe and casing mill in Thomasville, Ala.
Olympic Steel to Acquire Chicago Tube and Iron
19 May 2011 - Olympic Steel, Inc. has entered into a merger agreement to acquire the outstanding common shares of Chicago Tube and Iron Company, making the company a wholly-owned subsidiary of Olympic.
Macsteel Service Centers USA Adds New Facility in Florida
04 April 2011 - Macsteel Service Centers USA is expanding its business operations in the Southeast with the opening of a new 60,000-square-foot distribution center in Lakeland, Fla.
Ryerson Acquires Singer Steel
16 March 2011 - Ryerson Inc. has acquired Singer Steel Co., a value-added flat rolled steel processor based in Streetsboro, Ohio.
Metals USA Acquires The Richardson Trident Company
14 March 2011 - Metals USA Holdings has closed its acquisition of The Richardson Trident Company, including its eight processing centers located in Texas, Oklahoma, Georgia, California, and Massachusetts.
Macsteel Service Centers USA Acquires Steel Coil Services
01 March 2011 - Macsteel Service Centers USA has acquired the assets and business of Steel Coil Services in Catoosa, Okla., a subsidiary of United States Steel Corp.
Reliance Steel & Aluminum Reports 4th Quarter, Year End Results
18 February 2011 - Reliance Steel & Aluminum reported net income of $39.5 million on sales of $1.58 billion for the fourth quarter and net income of $194.4 million on sales of $6.31 billion for the year ended December 31, 2010.
Metals USA Holdings Announces Department of Defense Contract Award
15 February 2011 - The Defense Logistics Agency has exercised its option to extend the existing Metals Prime Vendor contract with Metals USA Holdings Corp. to supply the Southeast Region of the United States.
Metals USA Reports 2010 Year-End Results
02 February 2011 - Metals USA Holdings Corp. reported net income of $3.1 million on net sales of $323.9 million for the fourth quarter and net income of $11.5 million on net sales of $1,292.1 million for the year ended December 31, 2010.
Russel Metals to Increase Domestic Focus on OCTG Product
18 January 2011 - Russel Metals Inc. announced the appointment of Dean Rougas, an OCTG veteran, as the new President of the company's Spartan Steel Products division.
