Steel Mills
Ryerson Completes Acquisition of Central Steel & Wire
Written by Sandy Williams
July 5, 2018
Ryerson Holding Corp. has complete the acquisition of Central Steel & Wire Co. Central Steel & Wire will be a wholly-owned subsidiary of Ryerson and will continue to operate under its brand name.
“The inclusion of Central Steel & Wire into the Ryerson family of highly valued industrial metal distribution and processing companies enhances Ryerson’s ability in providing great customer experiences,” said Ryerson President and CEO Eddie Lehner. “The expansion of our long, tube, and plate portfolio through this acquisition makes our combined commercial, operational, product, and processing strengths that much more valuable to the customers of both Central Steel & Wire and Ryerson.”
Central Steel & Wire has five service centers located in Chicago, Milwaukee, Detroit, Cincinnati and Greensboro, N.C., as well as Central Coil Processing, a flat rolled coil/plate processing center in Portage, Ind.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Op-Ed: Ternium CEO Máximo Vedoya wants a fair future forged in steel
After recently receiving an industry honor on behalf of Ternium, I had the opportunity to reflect and share my vision on the state and future of our industry.
Nippon eyeing new $4B U.S. Steel mill to sweeten deal: Report
Nippon Steel could build a new domestic U.S. Steel mill with a total investment of $4 billion.
Nucor cuts CSP by $20/ton, third straight drop
Nucor has lowered its consumer spot price by $20 per short ton, marking the third consecutive weekly decrease.
Nucor reports IT systems breach
Nucor said it temporarily and proactively halted some production operations at various locations.
Cliffs talks DOE funding, blast furnace relining schedule
The future of two projects supported in part by funding through the Department of Energy remains uncertain.