|
Latest News:
|
O'Neal Announces Promotion of Two Employees
Apr. 12, 2013 - O’Neal Steel, Inc., has announced two new promotions: one employee has been promoted to the newly created position of contract manager for the company, and another has been promoted to inside sales manager for the company's Knoxville location.
|
|
|
|
|
|
|
|
Russel Metals Purchases Red Bud Stretcher Leveler Retrofit
Apr. 5, 2013 - Russel Metals, located in Mississauga, Ontario, Canada, recently purchased a Red Bud Industries’ stretcher leveler with SUREGRIP® technology to be installed in an existing cut-to-length line at their B&T Steel Division in Stoney Creek, Ontario.
|
|
Leeco Steel Opens Facility in Hamilton, Ontario
Apr. 2, 2013 - Leeco Steel, a global supplier of carbon, HSLA, heat-treated and alloy plate steel, has opened a facility in Hamilton, Ontario. The distribution center began shipping plate steel in March 2013.
|
|
|
|
North American Service Center Shipments Fell in February
Mar. 19, 2013 - Steel shipments from U.S. service centers during the month of February declined almost 8% from a year ago while declines in U.S. service center aluminum shipments declined by just over 12%, the Metals Service Center Institute reported.
|
|
|
|
|
|
Marmon/Keystone Opens Newly Constructed Birmingham Service Center
Mar. 8, 2013 - Marmon/Keystone announced the completion of a 105,000 sq. ft. service center 10 miles northeast of downtown Birmingham, Ala. The facility was completely rebuilt from the ground up after sustaining severe damage from an EF3 tornado, which devastated the area in January 2012.
|
|
Klockner & Co. Sales Increase Led by Growth in U.S.
Mar. 6, 2013 -
Klöckner & Co. reported that turnover and sales increased significantly in the fiscal year, largely due to the acquisition of Macsteel Service Centers USA and strong organic growth in the U.S.
|
|
MRC Global Announces Q4 and Full Year 2012 Results
Feb. 25, 2013 - MRC Global said 2012 was a landmark year for the company as it completed anIPO and a secondary offering, significantly reduced debt and interest expense, improved its product mix and grew its business both organically and through strategic acquisitions.
|
|
Reliance Steel & Aluminum Reports 2012 Results, 2013 Outlook
Feb. 21, 2013 - Reliance Steel & Aluminum says its fourth quarter results reflect the impact of continued global economic uncertainty coupled with normal seasonal trends and expects global economic and political uncertainty to continue negatively impacting the metals industry in the 2013 first quarter.
|
|
|
|
|
|
|
|
CHRG Metals Doubles Facility Size with Relocation
Feb. 8, 2013 - Due to increased business and the need for additional processing equipment and storage of inventory, CHRG Metals, a specialty division of O’Neal Steel, is preparing to move to a facility twice the size of its current operation in Houston.
|
|
|
|
Reliance Steel to Buy Metals USA in Deal Worth $1.2 Billion
Feb. 6, 2013 - Reliance Steel & Aluminum Co. and Metals USA Holdings Corp. announced a definitive merger agreement whereby Reliance Steel & Aluminum Co. will acquire all outstanding shares of Metals USA Holdings Corp. for US$20.65 per share in cash, representing an enterprise value of approximately US$1.2 billion.
|
|
|
|
|
|
|
|
MSCI: 2012 Service Center Shipments Match 2011
Jan. 16, 2013 - With the exception of aluminum shipments in Canada, which increased moderately, the slowdown in North American service center shipments from 2011 levels that has characterized the second half of 2012 and continued in December, left the year about even with 2011.
|
|
Ranger Steel Names New C-Suite Leaders
Jan. 15, 2013 - Houston-based steel plate distributor Ranger Steel Services LP has recently named a new CEO, president and COO, the Houston Business Journal reports.
|
|
|
|
|
|
O'Neal Flat Rolled Metals Receives ISO Certification
Jan. 3, 2013 - O’Neal Flat Rolled Metals’ (OFR Metals) Birmingham, Ala.; Monroe, N.J.; and Lynchburg, Va., locations have recently been awarded with the ISO 9001:2008 certification for their quality management systems.
|
|
Olympic Steel Announces Management Promotions
Jan. 2, 2013 - Olympic Steel, Inc., a national metals service center, announced several executive and operating management changes to support the company's strategic growth initiatives in 2013 and beyond.
|
|
|
|
|
|
|
|
|
|
3tn Providing Efficient Material Handling and Better Overview in Steel Service Centers
Dec. 13, 2012 - The technical warehouse management system TWMS/metals controls and visualizes transport and storage activities in the metals industry from continuous casting through to the shipment of the finished products. It optimizes the use of storage capacities across various warehouses or even plant-wide, ensuring that the means of transport, such as cranes or cross transfer systems, are efficiently used.
|
|
|
|
|
|
Shale-Inland Names Rick Lundgren as CEO
Dec. 5, 2012 - Shale-Inland Holdings, a specialty industrial distributor of pipe, valves, fittings and related products and provider of technical solutions to the energy and industrial sectors, announced the appointment of Richard Lundgren to the position of CEO.
|
|
|
|
Edgen Murray Expands Service Offerings with Acquisition
Nov. 28, 2012 - Edgen Group Inc. through its subsidiary, Edgen Murray Europe Limited, a leading global supplier of specialty steel products and logistics solutions for the energy and infrastructure markets, has acquired the profiling business of Eterniti Steels Limited in order to enhance its complete package offerings to customers in the U.K. and throughout Europe.
|
|
|
|
Heidtman Steel Products Says Chinese Firm Owes It $7 million
Nov. 21, 2012 - A Toledo company that has supplied steel for the Detroit Three automakers and raw materials to steel mills says it was duped eight years ago by a Chinese business that claimed to have a great supply of coking coal for sale, the Toledo Blade reports.
|
|
|
|
|
|
|
|
Klöckner Reports Continuing Struggles in Europe But Growth in U.S. Operations
Nov. 7, 2012 - Klöckner & Co. reported a net loss in the third quarter of the year, announcing further restructuring plans in light of the ongoing decline in European steel demand and the uncertain outlook. In contract to its struggles in Europe, the company made further gains in the U.S. market where it says there is still dynamic growth, among other things thanks to the completed integration of Macsteel Service Centers USA.
|
|
Tata Steel Expands Aerospace Activities in China
Nov. 7, 2012 - Tata Steel has expanded its aerospace operations in China by opening its second aerospace service center in the country; the new facility in Xi’an complements its existing operation in Suzhou, opened in 2009, and aims to serve the growing demand for aerospace materials in the region.
|
|
|
|
|
|
|
|
|
|
Russel Metals Announces Execution of Apex Distribution Agreement
Oct. 26, 2012 - Ontario-based Russel Metals has entered into an agreement to acquire Canadian oilfield supply company Apex Distribution. Apex will complement Russel's existing energy tubular products segment and provide a new channel of distribution into the Western Canadian market, the company says.
|
|
CHRG Metals Names New Operations Manager
Oct. 26, 2012 - CHRG Metals has announced the addition of Winston Sitarz as Operations Manager. He will be responsible for the continuous improvement and overall effectiveness of warehouse operations for the stainless and nickel alloy processor.
|
|
Pricing Pressure Affects Reliance Steel Earnings Results
Oct. 25, 2012 - Reliance Steel & Aluminum Co. reported its tons sold in the third quarter increased over last year driven mostly by increased sales of stainless and aluminum products. Downward pressure on pricing affected sales, and the company expects economic uncertainty and seasonal trends to affect fourth quarter sales as well.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Reliance Steel & Aluminum Acquires GH Metal Solutions
Oct. 4, 2012 - Reliance Steel & Aluminum Co. announced that, through its wholly-owned subsidiary Feralloy Corporation, effective 1 October 2012 it completed the acquisition of all the outstanding capital stock of GH Metal Solutions, Inc. (formerly known as Gas House, Inc.), a value added processor and fabricator of carbon steel products located in Fort Payne, Ala.
|
|
Reliance Steel & Aluminum Acquires Sunbelt Steel Texas
Oct. 3, 2012 - Reliance Steel & Aluminum Co. announced that effective 1 October 2012, it has acquired all the outstanding limited liability company interests of Sunbelt Steel Texas, LLC, a value-added distributor of special alloy steel bar and heavy-wall tubing products to the oil and gas industry.
|
|
|
|
|
|
|
|
|
|
Reliance Steel & Aluminum Agrees to Acquire GH Metal Solutions
Sep. 20, 2012 - Reliance Steel & Aluminum Co., through its wholly-owned subsidiary Feralloy Corporation, has reached an agreement to purchase all of the outstanding capital stock of GH Metal Solutions, Inc., a value added processor and fabricator of carbon steel products located in Fort Payne, Ala.
|
|
August Service Center Shipments Slow in the U.S. and Canada
Sep. 20, 2012 - August 2012 shipments were slightly lower than in the same month in 2011 for steel and aluminum in the U.S. and for steel in Canada. Although Canadian aluminum shipments were higher than the prior year, the increase slowed significantly.
|
|
O'Neal Steel Announces New Manager
Sep. 17, 2012 - O’Neal Steel, Inc. has announced the addition of David Rosenstiel to the role of Regional Operations Manager for the Southwest Region, which includes Dallas, Texas; Commerce City, Colo.; Farmington, N.M.; Houston, Texas; Lafayette, La.; and Little Rock, Ark.
|
|
Russel Metals Comments on Strike at Boucherville Plant in Quebec
Sep. 11, 2012 - Russel Metals Inc. announced that it is in discussions with the Québec Ministry of Labour and the Confédération des Syndicats Nationaux (CSN) representatives to reach agreement on language and issues related to the company’s Acier Leroux plant in Boucherville, Quebec. During this process the union has taken strike action.
|
|
Leeco Steel Breaks Ground on Ft. Worth Facility
Sep. 10, 2012 - Leeco Steel, a leading global supplier of carbon, HSLA, heat-treated and alloy plate steel, has started construction of its 73,000 square-foot warehouse facility in Cleburne, Texas, approximately 30 miles south of Ft. Worth.
|
|
|
|
|
|
Ferrous 85" Co. Starts Up North America's Largest Slitter
Sep. 5, 2012 -
Ferrous Metal Processing has installed a 0.625- by 87-in. slitting line at TMK IPSCO’s new facility in Wilder, Ky., operating as Ferrous 85" Co, the Fabricator reports. According to the manufacturer, it is the largest slitter in North America.
|
|
Bushwick Metals Acquires Tarco Steel
Sep. 4, 2012 - Bushwick Metals has announced the acquisition of Tarco Steel and Metal Fab, a steel service center and fabrication shop located in Binghamton, N.Y., effective 4 September.
|
|
|
|
Russel Metals to Acquire Alberta-Based Apex Distribution
Aug. 30, 2012 - Russel Metals Inc. has entered into an agreement with Apex Distribution Inc. pursuant to which Apex has agreed to deal exclusively with Russel Metals until 31 October 2012 and the parties have agreed to negotiate in good faith to enter into a definitive agreement for the acquisition by Russel Metals of Apex Distribution and related companies.
|
|
Luvata Breaks Ground on Coil-Coating Plant in Mexico
Aug. 27, 2012 - Luvata, a world leader in metal solution manufacturing, heat transfer technology and engineering and design services, has broken ground on its latest facility - a coatings plant in Ramos Arizpe, Coahuila, Mexico.
|
|
|
|
|
|
|
|
|
|
MRC Global Announces Executive Management Changes
Aug. 22, 2012 - MRC Global Inc., the largest global distributor, based on sales, of pipe, valves and fittings and related products and services to the energy and industrial sectors, announced it is combining its Business Development and Supply Chain management into one group and promoting Alan Colonna to lead the combined group as Executive Vice President.
|
|
|
|
China Precision Steel Announces Resignation of Director
Aug. 17, 2012 - China Precision Steel, Inc., a niche precision steel processing company principally engaged in producing and selling high precision, cold-rolled steel products, announced the resignation of Che Kin Lui from the Board of Directors, effective 8 August 2012, due to personal reasons.
|
|
|
|
O'Neal Flat Rolled Metals Expands with Virginia Coil Processing Facility
Aug. 13, 2012 - O’Neal Flat Rolled Metals (OFR) recently opened for business in Lynchburg, Va., as they moved into the former warehouse of sister company, O’Neal Steel. The 135,000 square foot warehouse will provide OFR a home for their flat rolled operations that will focus on processing and distributing carbon and non-ferrous light-gauge flat rolled metal products.
|
|
Jemison Demsey Mulls New Alabama Plant
Aug. 13, 2012 - Flat-rolled steel processor Jemison Demsey Metals has received tax abatements to build a $28.1 million facility in the Decatur, Ala., area.
|
|
Aurora Capital Sells New Star Metals; Retains Ownership of Miami Valley Steel
Aug. 9, 2012 - Aurora Capital Group's affiliate Aurora Resurgence has sold New Star Metals, Inc. and its Premier Resource Group and Electric Coatings Technologies subsidiaries to an affiliate of Insight Equity Holdings LLC. Aurora Resurgence also sold the U.S. Metals and Supply division of New Star to Custom Steel Processing, Inc. and retained its ownership of Miami Valley Steel Service.
|
|
|
|
|
|
|
|
|
|
|
|
A.M. Castle Reports Second Quarter 2012 Results
Jul. 31, 2012 - A. M. Castle & Co., a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, reported financial results for the second quarter ended 30 June 2012.
|
|
|
|
Reliance Steel & Aluminum Co. Reports Second Quarter Results
Jul. 26, 2012 - Reliance Steel & Aluminum Co. reported net income of $108.8 million on sales of $2.21 billion during the second quarter even as general economic uncertainty and declining prices for its products negatively pressured volumes and pricing.
|
|
|
|
|
|
Lee Steel to Add EPS Line at New Site
Jul. 13, 2012 - Flat-rolled carbon steel processor Lee Steel Corp. plans to break ground on a greenfield facility in Romulus, Mich., complete with an environmentally friendly pickling line, as demand for its products continues to grow.
|
|
|
|
|
|
|
|
|
|
MISA Becomes Sole Owner of RSDC of Michigan
Jul. 3, 2012 - Marubeni-Itochu Steel America Inc. (MISA) has reached agreement with Steel Technologies to acquire 100% interest in RSDC of Michigan. The plant, located in Holt, Mich., was previously a 50/50 joint venture between the two companies.
|
|
Ryerson Names Edward J. Lehner as CFO
Jul. 2, 2012 - Ryerson, a leading processor and distributor of metals in North America, announced the appointment of Edward J. Lehner to the position of Executive Vice President and Chief Financial Officer (CFO), effective 1 August 2012.
|
|
|
|
|
|
U.S. and Canadian Service Center Shipment Growth Picks Up in May
Jun. 18, 2012 - Growth in May shipments of aluminum and steel accelerated in both the U.S. and Canada, an improvement from the smaller growth levels shown in April. Inventory positions improved slightly in both countries, according to the latest report from the Metals Service Center Institute.
|
|
|
|
|
|
Production Starts at Bahru Stainless
Dec. 29, 2011 - Bahru Stainless recently started up its factory in Johor Bahru, Malaysia, successfully processing its first coil in the annealing and pickling line AP1 on December 12.
|
|
|
|
|
|
|
|
|
|
|
|
ThyssenKrupp Opens News Steel Service Center in Poland
Jun. 1, 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.
|
|
|
|
Webco Industries Reports Third Quarter Results
May 30, 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.
|
|
|
|
Olympic Steel Makes Management Changes
May 16, 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.
|
|
|
|
|
|
|
View Current Articles
|