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Service Centers
The latest news on companies processing and distributing steel products.
Latest News
Olympic Steel to Build New Southeast Processing Facility
21 April 2008 - Olympic Steel, Inc. has announced plans to construct a new processing facility in Sumter, S.C., at a total investment of approximately $10 million.
Reliance Steel & Aluminum Reports Record Quarterly Sales
18 April 2008 - Reliance Steel & Aluminum reports net income of $107.4 million on record sales of $1.91 billion for the first quarter ended March 31, 2008.
Reliance Acquires Dynamic Metals International
03 April 2008 - Reliance Steel & Aluminum acquires Dynamic Metals International, LLC, a Bristol, Conn., based specialty metal distributor.
Steel Technologies to Integrate Mitsui Steel’s Flat-Rolled Operations
25 March 2008 - Steel Technologies will integrate the flat-rolled steel business of Mitsui Steel into the company's North American operating platform.
Olympic Steel Reports Year End 2007 Results
25 February 2008 - Olympic Steel reports net income of $4.5 million on net sales of $236.1 million for the fourth quarter, and net income of $25.3 million on record net sales of $1.03 billion for the year ended December 31, 2007.
Reliance Steel & Aluminum Reports Record Results for 2007
22 February 2008 - Reliance Steel & Aluminum reports net income of $79.9 million on sales of $1.71 billion for the fourth quarter, and record net income of $408.0 million on record sales of $7.26 billion for the fiscal year ended December 31, 2007.
Reliance Steel & Aluminum Reports Record Results for 2007
22 February 2008 - Reliance Steel & Aluminum reports net income of $79.9 million on sales of $1.71 billion for the fourth quarter, and record net income of $408.0 million on record sales of $7.26 billion for the fiscal year ended December 31, 2007.
Russel Metals Announces Executive Promotions
19 February 2008 - Russel Metals announces the promotion of two senior executives to the positions of Chief Operating Officer and Chief Financial Officer.
Russel Metals Announces Year-End 2007 Results
19 February 2008 - Russel Metals announces net earnings of $25.3 million on revenues of $598.4 million for the fourth quarter, and net earnings of $111.2 million on revenues of $2559.2 million for the year ended December 31, 2007.
Metals USA Reports 2007 Year-End Results
04 February 2008 - Metals USA reports net income of $7.6 million on sales revenues of $432.2 million for the fourth quarter, and net income of $36.6 million on sales revenues of $1,845.3 million for the year ended December 31, 2007.
Reliance Steel & Aluminum Sells Encore Coils Business
08 January 2008 - Reliance Steel & Aluminum sells the assets and business of the Encore Coils division of its Encore Group Limited subsidiary to Samuel Son & Co., Ltd., headquartered in Mississauga, Ont., Canada.
Reliance Subsidiary Valex Opens Facility in China
19 December 2007 - Reliance Steel & Aluminum subsidiary Valex Corp. opens Valex China Co. Ltd., its first manufacturing plant based in China.
Steel Technologies to Consolidate Operations with Mi-Tech Steel
12 December 2007 - Steel Technologies announces plans to combine its operations with Mi-Tech Steel’s, creating a combined company that will operate a total network of 25 facilities and generate projected annual revenues of approximately $1.4 billion.
Ryerson Announces Chicago Restructuring
03 December 2007 - Ryerson Inc. announced plans to restructure its Chicago operations, transitioning its Chicago business to its other locations by the end of 2008.
Ryerson Updates Noteholders on 3rd Quarter Financial Results
15 November 2007 - Ryerson provided holders of its Senior Secured Notes with summary financial results for the quarter ended September 30, 2007, noting that additional financial information would be provided on or about November 30, 2007.
Olympic Steel Reports 3rd Quarter Sales and Earnings
02 November 2007 - Olympic Steel reports net income of $6.0 million on net sales of $256.1 million for the third quarter, and net income of $20.7 million on net sales of $792.9 million for the first nine months of 2007.
Gibraltar Reports 3rd Quarter Sales and Earnings
02 November 2007 - Excluding one-time charges related to the sale of Hubbell Steel and Solar Michigan, Gibraltar Industries reports $12.8 million income from continuing operations on $343 million in sales from continuing operations for the third quarter, and $35.8 million income from continuing operations on $1 billion in sales from continuing operations for the first nine months.
Russel Metals Reports 3rd Quarter Earnings
01 November 2007 - Russel Metals reports net earnings of $28 million on revenues of $624 million for the third quarter of 2007.
Steel Technologies to Expand New Operation in Juarez, Mexico
01 November 2007 - With startup of its new facility in Juarez, Mexico, Steel Technologies announces plans to further expand its operations with rail service and a new multi-blanking line.
Metals USA Reports 3rd Quarter Results
31 October 2007 - Metals USA announces net income of $7.7 million on sales revenues of $469.6 million for the quarter ended September 30, 2007.
