Service Centers

Russel in Search of New CFO on Britton's Retirement
Written by Tim Triplett
September 11, 2019
Marion Britton, Executive Vice President and Chief Financial Officer for Russel Metals, has announced her plans to retire next year after more than three decades with the Toronto-based metals distributor. Britton will remain with Russel during 2020 to ensure a smooth transition, as the company now begins a search for her replacement.
Britton began her career in the metals industry in 1984 with Marshall Drummond McCall, which was acquired by Russel Metals in 1987. She steadily progressed with the company by taking on new roles and additional responsibilities, culminating with her appointment as Executive VP and CFO in February 2008. During her tenure, she provided leadership through numerous acquisitions, capital transactions and divestitures while maintaining the company’s financial integrity, said President and CEO John Reid. “On behalf of the management team, our employees, our Board of Directors and the rest of our stakeholders, I want to express our heartfelt appreciation for Marion’s dedication and leadership over her 35-year career with Russel Metals.”
Russel Metals is the third ranked service center organization in North America, according to the latest Metal Center News Top 50, with 2018 revenues of $3.2 billion.

Tim Triplett
Read more from Tim TriplettLatest in Service Centers

Steel Summit: Service center CEOs share straight talk on markets, customers, future
The chief executives from Majestic Steel, Olympic Steel, and Worthington Steel swapped notes on inventory discipline, customer trust, and the race to turn AI from hype into results.

Steel Summit: Analysts say demand likely to struggle until 2027
Steel industry analysts at this year's SMU Steel Summit said they see lackluster demand through this year and next.

Varsteel acquires Reliable Tube and Spartan Metal Processing
Varsteel Ltd. announced two new strategic acquisitions. The Canadian service center stated that the acquisitions position it to meet a wider range of steel product needs.

Steel Summit: Reliance CEO eyes potential M&A in Mexico, highlights tech plans
Karla Lewis, president and CEO of Reliance Inc., told attendees of SMU’s Steel Summit 2025 that North America’s largest service center company is eyeing strategic opportunities in Mexico.

Galvanized steel prices slip while demand remains flat: HARDI
Galvanized steel prices dipped to ~$48/hundredweight in August from the $50-59/hundredweight range during the month of July.