Amerinox Processing, Camden, N.J., has expanded its operations with the acquisition of an 80,000-square-foot facility. The new building brings total square footage up to 200,000 feet, all under crane.
Read More Specialty Pipe and Tube Vice President Ron Granato has retired after nearly half a century with the Mineral Ridge, Ohio-based master distributor. He joined the company in 1970, six years after Specialty Pipe and Tube’s founding.
Read More After completing a 100,000-square-foot addition to its Portage, Ind., facility earlier this year, Ratner Steel Supply Co. is continuing to expand; this time in Arkansas. The Roseville, Minn.-based company recently purchased a 150,000-square-foot building in Osceola, Ark., which it’s already using for storage.
Read More Aleris Corp., Cleveland, reported a net loss of $2.5 million for the second quarter, compared with a net loss of $13 million for the same quarter of 2016. Revenue for the quarter totaled $776.2 million, a 10.1 percent increase from the year-ago period.
Read More The American Iron and Steel Institute reported that the U.S. imported 3.5 million tons of steel and 2.9 million tons of finished steel in July, according to Census Bureau data. Overall, July steel imports were down 11.5 percent and finished steel imports decreased 4 percent compared with the previous month.
Read More Global stainless steel production was 11.8 million metric tons in the first three months of 2017, according to figures released by the International Stainless Steel Forum. That represents a 14.5 percent increase over the first quarter of 2016 and a decrease of 3.5 percent from the previous quarter.
Read More Terry Rohde has been promoted to director of operations at Olympic Steel Inc, Cleveland. Joining the company in 2001, Rohde was promoted to general manager of the Chicago division in 2008.
Read More Nucor Corp., Charlotte, N.C., has reached an agreement with St. Louis Cold Drawn Inc. to acquire the Missouri-based manufacturer of cold-finished steel bar products.
Read More Atlanta-based aluminum maker Novelis in August reported net income of $101 million for the first quarter of its fiscal year 2018, more than tripling a net income of $24 million in the year-ago period.
Read More Shipments of U.S. and Canadian steel and aluminum products saw modest year-over-year gains in July, according to Rolling Meadows, Ill.-based Metals Service Center Institute’s latest Metals Activity Report.
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