Service Centers
Metal Center News Top 50 Service Centers
Written by John Packard
September 27, 2014
Metal Center News published their top 50 service centers based on volume with Reliance Steel & Aluminum taking top honors once again by a wide margin. Reliance 2013 revenues were $9.22 billion up from 2012 revenues of $8.44 billion.
The next five service centers are closely bunched with revenues of at least $3.0 billion but not exceeding $3.46 billion.
Ryerson Inc. which just went public had 2013 revenues of $3.46 billion which was down from $4.025 billion in 2012.
Samuel, Son & Co. Limited had 2013 revenues of $3.3 billion followed by Kloeckner Metals Corp. at $3.1 billion, Russel Metals, Inc. at $3.095 billion and ThyssenKrupp Materials NA with revenues at $3.0 billion.
There was only one service center with revenues exceeding $2 billion but less than $3 billion. Coming in at number seven was O’Neal Industries with 2013 revenues of $2.3 billion down from $2.5 billion in 2012.
At number eight was Steel Techologies with 2013 revenues just shy $2 billion at $1.983 billion. In 2012 Steel Technologies had revenues of $2.037 billion.
In ninth place there was a tie between Worthington Steel Company and Alro Steel Corporation with each having revenues of $1.40 billion. Worthington 2013 revenues were down slightly from the $1.44 reported the prior year while Alro saw their revenues improve from 2012’s $1.35 billion.
Numbers 11 through 20 were reported by Metal Center News as being: Coilplus Inc. ($1.3 billion), Olympic Steel Inc. ($1.263 billion), Steel Warehouse Co, LLC ($1.2 billion), Marmon Distribution Services, Inc. ($1.1 billion), A.M. Castle & Co. ($918.3 million), Kenwal Steel Corporation ($864 million), Steel & Pipe Supply Co., Inc. ($739 million), Triple-S Steel Holdings Inc. ($799 million), Heidtman Steel Products Inc. ($692 million) and Central Steel & Wire Co. ($675 million).
Those following in the 21st through 30th positions were: Cargill Inc. ($630 million), Norfolk Iron & Metal Co. ($595 million), Mill Steel Co. ($575 million), Empire Resources Inc. ($483 million), Kelly Pipe Co. LLC ($450 million), McNeilus Steel Inc. ($446 million), Majestic Steel USA ($430 million) tied at #28 are: Eaton Steel Bar Co and Esmark Steel Group ($400 million) and at number 30 is Brown-Strauss Steel ($390 million).
The next group are those rated number 31 through 40 with Triad Metals International coming in at #31 with $351 million in revenues, Farwest Steel Corp ($310 million), Lapham-Hickey Steel Corporation ($300 million), Pacesetter Steel Service, Inc. ($282 million), Venture Steel Inc. ($280 million). There was a three way tie at #36 between Liberty Steel Products Inc., Magic Steel Sales LLC and Superior Supply and Steel ($275 million). At #39 we have Contractors Steel Co. ($253 million) and then at #40 Ranger Steel Services LP ($247 million).
Rounding out the top 50 are from #41 Eastern Metal Supply Inc. ($238 million), Adelphia Metals, LLC ($236 million), Trident Steel Corp. ($214 million), Tubular Steel Inc. ($200 million), American Piping Products Inc. ($185 million), Monarch Steel Co, Inc. ($175 million), McNichols Co. ($161 million), Unimet Metal Supply Inc. ($157 million), Ratner Steel ($152 million), and in the 50th spot is New Star Metals Inc. with revenues of $148 million.
John Packard
Read more from John PackardLatest in Service Centers
Triple-S Steel buys West Coast distributor Borrmann Metals
Triple-S Steel Holdings has acquired West Coast steel products distributor Borrmann Metals Co.
SEC settles with Esmark, Bouchard over ‘false’ $7.8B offer for USS
The US Securities and Exchange Commission said it has settled charges with Esmark and company founder Esmark James P. Bouchard regarding a tender offer for U.S. Steel last year.
Steel Summit 2024: Service centers talk inventories, mill consolidation
SMU Senior Analyst and Editor David Schollaert sat down with leading steel service center executives at the SMU Steel Summit 2024 in Atlanta to discuss the issues affecting the industry.
Aceromex installs new Andritz CTL line in Mexico
Mexican service center Aceromex has installed a new cut-to-length line in its facility in Cienega de Flores in the state of Nuevo Leon.
Get your muck boots out: Galv buyers see ‘swampy’ steel market continuing
Swampy. Sticky. Mushy. Murky. These were all words galvanized buyers used this week to describe the current state of the US steel market.