December 2007

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2007 Service Center
Executive of the Year
Wayne Bassett, President and C
EO of Samuel, Son & Co., Limited
Of the many decisions the Samuel family has made in its 152-year history of metals industry entrepreneurship, perhaps none has paid bigger dividends than its investment in Wayne Bassett, the first non-Samuel to lead Samuel, Son & Co., Limited.

Nonresidential’s Strength Reinforces Rebar
The downtrodden housing market and uncertain economy are troublesome for rebar producers and distributors, though nonresidential construction’s resilience and declining import penetration serve as counterweights going into 2008.

Aluminum Conference Report:
‘Supply Chain’s Too Inefficient’
MCN Editor Dan Markham reports back from the Metals Service Center Institute’s Aluminum Products Division conference last month in California, where a panel of aluminum producers and distributors compared notes on ways to tighten the supply chain.

Third-Quarter Report & Outlook:
Income Takes a Hit
In their third-quarter financial reports to analysts and shareholders, most service center executives described a challenging period for the metals industry that resulted in earnings declines.

From the Editor's Desk
Mills Clearly Globalizing,
Are Distributors Next?
By Tim Triplett,
Editor-In-Chief

Business Topics
Skilled Workers Needed as America
Manufacturing Reclaims its Prowess

By Gerald Shankel, Fabricators & Manufacturers Association


Service Center News Home Page

  • Steel Technologies Expands in Mexico
  • Goncalves Sees Value in MIll
    Ownership of Service Centers
  • Azco Plans Facility Next to Nucor-Yamato
  • Torrington Acquired by Rolled Metal Products
  • ThyssenKrupp Buys UK's Apollo Metals
  • Burgon Tool Steel Expands into Southeast
  • People
  • Obituaries

Metal Industry News Home Page

  • Deal Finalized, Stelco's Now U.S. Steel Canada
  • U.S. Steel Eyes $1 Billion Coke Plant Investment
  • Esmark Completes Wheeling-Pitt Acquisition,
    Trades on NASDAQ
  • ArcelorMittal Announces Flat Products Price Hikes
  • AK Steel Increases Prices for Carbon, Stiainless
  • Trade Group Questions BHP-Rio Tinto Merger
  • Steel Dynamics Completes OmniSource Acquisition
  • People
  • Briefs

Association News Home Page

  • AISI: Climate Change Provisions
    Must Apply to All Steelmakers
  • MSCI: Steel Shipments Inch Up for First Time in 2007
  • AISI: September Shipments Down vs. 2006, August
  • AIIS: Semifinished Imports Surge in September
  • SSINA: Stainless Imports Up Through Eight Months
  • IISI: North American Steel Production Climbs

 

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