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Service Centers

The latest news on companies processing and distributing steel products.

Latest News

Olympic Steel Expands Reach Through Acquisition

02 October 2023 - Olympic Steel Inc. has acquired a Midwestern and Southern bar and tube fabricator in an all-cash deal, the service center has announced. 

Mill Steel Announces New Location, Expands Existing Facility   

29 August 2023 - Michigan-based flat-rolled distributor Mill Steel Co. is establishing a new location in Mansfield, Ohio, USA, in support of its entrance into the flat-rolled stainless and aluminum markets and concurrently investing US$18 million in its Detroit, Mich., facility. 

Acquisition Expands Leeco Steel Processing Capabilities 

06 July 2023 - Steel plate distributor Leeco Steel has acquired a Texas processor that specializes in plasma and oxy-fuel cutting and machining.

Outokumpu, thyssenkrupp Materials Processing Europe Collaborate on Decarbonizing the Automotive Industry

26 June 2023 - Stainless steel producer Outokumpu is collaborating with service center thyssenkrupp Materials Processing Europe and exhaust system manufacturer Boysen Group to unveil the world’s first “toward-zero” stainless steel to the automotive industry.

ArcelorMittal to Partner With Bamesa on Low-Carbon Projects

30 March 2023 - ArcelorMittal Europe – Flat Products and international service center firm Bamesa signed a memorandum of understanding (MoU) yesterday to explore the reduction of scope 3 emissions and increase testing of the usage of recycled steel in low-carbon-emissions products.

Leeco Steel Upgrades Indiana Distribution Center 

08 March 2023 - Steel plate distributor Leeco Steel has added a combination cutting and drilling machine to its Portage, Ind., USA, facility. 

Flack Global Metals New Investment Arm Buys Building Products Fabricator 

23 February 2023 - Flat-rolled distributor and metals trader Flack Global Metals (FGM)has agreed to acquire metal roofing and wall maker Fabral for an undisclosed amount. 

Olympic Steel Expands Through US$131 Million Acquisition

03 January 2023 - Olympic Steel Inc. has acquired steel venting and filtration products fabricator Metal-Fab Inc. for US$131 million, the company has announced.

Reliance Steel & Aluminum Announces Changing of the Guard 

11 October 2022 - Reliance Steel & Aluminum Co. chief executive James D. Hoffman has announced his retirement and plans to step down at the end of the year. 

thyssenkrupp Materials Services Expands North American Footprint

19 September 2022 - thyssenkrupp Materials Services is investing US$37 million in a new service center meant to support automotive customers. 

Steel Processor Sets Up Shop at Nucor Plate Mill

05 August 2022 - Metals processor and distributor Kloeckner Metals Corp. will build a plate processing facility on the campus of Nucor Corp.’s Kentucky plate mill, the company has announced. 

Ferragon Names Sales VP 

10 June 2022 - Service center operator Ferragon Corp. has brought aboard steel industry veteran Greg Kauffman to oversee sales operations at a number of its divisions, the company has announced. 

Ryerson Marks Start of Work on New Illinois Service Center

06 June 2022 - Steel processor and distributor Ryerson Holding Corp. recently broke ground on a new service center and headquarters for its Central Steel & Wire subsidiary, the company has said. 

This Facility Has Gone 36,500 Days Without an Accident. And Counting. 

01 June 2022 - Steel plate distributor Leeco Steel is celebrating a major safety milestone today: its Portage, Ind., USA, facility has been accident free for 10 years. 

AZZ Buys Precoat Metals in US$1.28 Billion Deal

08 March 2022 - AZZ Inc. will acquire Sequa Corp.’s Precoat Metals division for approximately US$1.28 billion, the company announced yesterday.

Italian Steelmakers Partner on Coil Mill Joint Venture in Tunisia

07 March 2022 - Italy’s Marcegaglia Group has purchased a 50% joint venture stake in Sideralba S.p.A.’s galvanized coil subsidiary in Tunisia, according to Italian-language newswire agency ANSA.

Ryerson Acquires Sheet Metal Fabricator

02 March 2022 - Industrial metals processor and distributor Ryerson Holding Corp. announced today its acquisition of sheet metal fabricator Apogee Steel Fabrication Inc.

AZZ Inc. Acquires DAAM Galvanizing Co. Ltd.

02 March 2022 - AZZ Inc. announced yesterday that it has entered into an agreement to acquire Edmonton, Alta., Canada-based DAAM Galvanizing Co. Ltd.

Olympic Steel Names President for Carbon Flat Rolled Segment

18 January 2022 - The company announced today in an official press release the promotion of David J. Gea to the role of president – carbon flat rolled.

ATI California Facility Sold to Ulbrich Stainless

10 January 2022 - Steel re-roller and distributor Ulbrich Stainless Steels & Special Metals Inc. has acquired ATI Specialty Rolled Products’ Pico Rivera, Calif., USA, service center, according to an official press release.

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