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The latest news on companies processing and distributing steel products.
Latest News
Russel Metals Reports 2009 2nd Quarter Loss
06 August 2009 - Russel Metals reports a net loss of $24.6 million on revenues of $462.5 million for the second quarter, and a net loss of $79.6 million on revenues of 1.105 billion for the first six months of 2009.
Olympic Steel Reports 2nd Quarter 2009 Results
31 July 2009 - Olympic Steel reports a net loss of $33.8 million on net sales of $122.4 million for the second quarter and a net loss of $59.3 million on net sales of $263.3 million for the six months ended June 30, 2009.
Reliance Steel & Aluminum Reports 2nd Quarter, Six Months Results
24 July 2009 - Reliance Steel & Aluminum reports a net loss of $5.8 million on sales of $1.2 billion for the second quarter, and net income of $14.3 million on sales of $2.8 billion for the six months ended June 30, 2009.
Ryerson Sells Stake in Tata Ryerson Joint Venture
13 July 2009 - Ryerson completes the sale of its 50% equity interest in Tata Ryerson Ltd. to Tata Steel.
Olympic Steel Announces Scholarship Recipients
19 June 2009 - Olympic Steel announces the recipients of the Sol Siegal Scholarship Program, which awards up to ten new $1500 renewable scholarships per year to children and dependents of company employees.
Olympic Steel Announces Recipient of Chairman’s Humanitarian Award
03 June 2009 - Olympic Steel announces Luther Newbill as the 2009 recipient of the Chairman’s Humanitarian Award, in recognition of his extraordinary community support through foster parenting and support of a local children’s charity.
Reliance Steel & Aluminum Names New Corporate Officer
28 May 2009 - Reliance Steel & Aluminum announces the appointment of the company’s new Senior Vice President, Supplier Development.
Metals USA Announces Retirement of General Counsel
21 May 2009 - Metals USA Holdings announces the retirement of John A. Hageman, Senior Vice President and General Counsel, effective May 14, 2009.
Russel Metals Reports First Quarter Loss
13 May 2009 - Russel Metals reports a net loss of $55 million on revenues of $642.3 million for the first quarter of 2009.
Russel Metals Amends, Increases Credit Facility
05 May 2009 - Russel Metals amends its credit agreement with a syndicate of banks, increasing the credit available under the facility to Cdn$252.5 million.
Olympic Steel Reports First Quarter 2009 Results
30 April 2009 - Olympic Steel reports a net loss of $25.5 million on net sales of $140.9 million for the first quarter ended March 31, 2009.
Olympic Steel Reports First Quarter 2009 Results
30 April 2009 - Olympic Steel reports a net loss of $25.5 million on net sales of $140.9 million for the first quarter ended March 31, 2009.
Reliance Steel & Aluminum Reports 1st Quarter Results
27 April 2009 - Reliance Steel & Aluminum reports net income of $20.1 million on sales of $1.56 billion for the first quarter ended March 31, 2009.
Reliance Steel & Aluminum Reports 1st Quarter Results
27 April 2009 - Reliance Steel & Aluminum reports net income of $20.1 million on sales of $1.56 billion for the first quarter ended March 31, 2009.
Steel Technologies Names New Vice President, General Counsel and Secretary
09 April 2009 - Steel Technologies names Joseph M. Kamer as its new Vice President, General Counsel and Secretary.
Steel Technologies Names New Vice President, General Counsel and Secretary
09 April 2009 - Steel Technologies names Joseph M. Kamer as its new Vice President, General Counsel and Secretary.
Olympic Steel Cuts 2009 Operating Expenses by $65 Million
07 April 2009 - Olympic Steel deploys a series of cost-cutting measures which will help it reduce annual operating expenses by about $65 million, including headcount reductions, reduced work hours, and base pay reductions.
Olympic Steel Cuts 2009 Operating Expenses by $65 Million
07 April 2009 - Olympic Steel deploys a series of cost-cutting measures which will help it reduce annual operating expenses by about $65 million, including headcount reductions, reduced work hours, and base pay reductions.
Metals USA Acquires VR Laser
24 February 2009 - Metals USA Holdings acquires the operating assets of Philadelphia-based VR Laser, a metal processor of carbon plate products.
Russel Metals Initiates Actions to Reduce Operating Expenses
24 February 2009 - Russel Metals commences cost containment measures including layoffs, reduced working hours and salary reductions that are expected to result in an aggregate net decrease in operating costs of more than $25 million in 2009.
