Leading service center Kenwal Steel, Dearborn, Mich., has welcomed Douglas A. Bredy as the company's new vice president of development. He has more than 30 years of experience in the steel industry.
Read More Olympic Steel Inc., Cleveland, reported net income for the first quarter of $2.5 million compared with net income of $8.7 million. First-quarter net sales totaled $493 million, down from the $527 million in the same quarter of 2024.
Read More Russel Metals Inc., Toronto, reported record quarterly shipments in the first quarter. The company’s metal service center segment shipped 409,000 tons in the quarter, up 29 percent from the same quarter of 2024 and 14 percent from the prior quarter.
Read More ![Wilkinson Opens Second Metal Supermarkets Store]()
Wesley Wilkinson will open his second Metal Supermarkets store in Monroeville, Pa. Along with business partner Jeff Foster, their goal is to make this new store the premier metal supplier of small-quantity metal purchases for professionals, businesses and hobbyists alike...
Read More American Consolidated Industries Inc., a leading metals service center and supplier of flat-rolled coil, sheet and ERW tubing, has completed the largest acquisition in its history with the purchase of Gary, Ind.-based T&B Tube Company.
Read More Heather Malone has been appointed CEO of Target Steel, Flat Rock, Mich. The appointment was one of several executive promotions for North America’s 24th largest service center company with 2023 revenues of $783 million.
Read More Advanced Gauging Technologies has received a new purchase order from Feroleto Steel Co., Inc. Knoxville, Tenn. The gauge will be installed on a 64-inch Braner Turret Head slitting line and is scheduled to ship in June.
Read More Reliance Inc., Scottsdale, Ariz., reported stronger first-quarter results than anticipated on better-than-expected shipment levels and gross profit margin. The company sold a record 1.63 million tons in the quarter, a 9 percent increase from the first quarter of 2024.
Read More Richard Borkstrom has joined Alliance Steel as the company's new inventory production planner. Alliance is a service center and tube mill based in Gary, Ind.
Read More Red Bud Industries has received an order for a Precision Blanking Line, Low Passline Slitter and a Packaging Line from Curtis Steel Company LLC, a Houston-based service center. Curtis Steel is one of the largest flat-rolled steel distributors in Texas.
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