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Service Centers
The latest news on companies processing and distributing steel products.
Latest News
Ryerson Reports 2nd Quarter 2007 Results
02 August 2007 - Ryerson Inc. reported net income of $38.1 million on sales of $1.6 billion for the second quarter, and net income of $66.2 million on sales of $3.3 billion for the six months ended June 30, 2007.
Ryerson to be Acquired by Platinum Equity
25 July 2007 - Ryerson enters into a definitive merger agreement to be acquired by Platinum Equity in a transaction valued at approximately $2.0 billion.
Reliance Completes Acquisition of Clayton Metals
04 July 2007 - Reliance Steel & Aluminum completes its purchase of the outstanding capital stock of Wood Dale, Ill., based Clayton Metals, Inc.
Metals USA Announces Acquisition of Lynch Metals
04 July 2007 - Metals USA Holdings announces the acquisition of Lynch Metals and Lynch Metals of California.
Metals USA Reports Projected 2nd Quarter Results
22 June 2007 - Metals USA announces projected second quarter operating results, including net income in the range of $13.7 to $14.7 million on net sales that will range from $475 to $490 million.
Reliance to Acquire Clayton Metals
21 June 2007 - Reliance Steel & Aluminum will acquire the outstanding capital stock of Wood Dale, Ill., based Clayton Metals, processor and distributor of aluminum, stainless steel, and red metal flat-rolled products, custom extrusions and aluminum circles.
Dietrich Metal Framing Announces Resignation of President
06 June 2007 - Worthington Industries has named an interim President for Dietrich Metal Framing following the resignation of Edmund L. Ponko Jr.
Mitsui Completes Steel Technologies Acquisition
04 June 2007 - Mitsui & Co. has completed its acquisition of Steel Technologies in an all-cash transaction valued at approximately $534 million, including retained debt of $137 million.
ThyssenKrupp Opens News Steel Service Center in Poland
01 June 2007 - ThyssenKrupp Steel AG has opened a new steel service center — ThyssenKrupp Stal Serwis Polska — in the southern Polish town of Dąbrowa Górnicza near Katowice. The new facility will produce 125,000 tons of hot- and cold-rolled coils and coated slit strip per year for customers in Eastern Europe.
Steel Technologies Shareholders Approve Mitsui Merger
31 May 2007 - Steel Technologies shareholders approve the company's proposed merger with Mitsui & Co. in a vote during a special shareholder meeting on Wednesday.
Webco Industries Reports Third Quarter Results
30 May 2007 - Webco Industries reported net income of $2,106,000 on net sales of $82.4 million for its fiscal 2007 third quarter, and net income of $5,678,000 on net sales of $250.9 million for the nine months ended April 30, 2007.
MacSteel Service Centers USA Opens New Tucson Facility
18 May 2007 - MacSteel Service Centers USA has opened a new $10-million metals processing and distribution service center in the Century Park research Center in Tucson, Ariz.
Olympic Steel Makes Management Changes
16 May 2007 - Olympic announced that Esther Potash will assume the role of Chief Information Officer, and Frank Ruane will assume the position of Vice President – Purchasing & Materials Management.
Ryerson Reports 1st Quarter Results
03 May 2007 - Ryerson Inc. reported net income of $28.1 million on sales of $1.7 billion for the first quarter ended March 31, 2007.
Metals USA Reports 1st Quarter Results
01 May 2007 - Metals USA announced net income of $6.6 million on sales revenues $462.6 million for the quarter ended March 31, 2007.
Reliance Reports Record 1st Quarter Results
20 April 2007 - Reliance Steel & Aluminum reported record net income of $111.7 million on sales of $1.84 billion for the first quarter ended March 31, 2007.
FTC Clears Steel Technologies Merger with Mitsui
16 April 2007 -
Ryerson Postpones Annual Meeting of Stockholders
07 March 2007 -
Ryerson Elects New Board Director
07 March 2007 -
Mitsui USA to Acquire Steel Technologies
01 March 2007 -
