Service Centers
Reliance Leads MCN’s Top 50 for the 12th Year in a Row
Written by Tim Triplett
September 12, 2019
Reliance Steel & Aluminum continues to dominate the service center market, ranked No. 1 once again in the just-released Metal Center News Service Center Top 50 with $11.5 billion in revenues.
In total, North America’s Top 50 metals distributors accounted for a record $61.1 billion of the industry’s sales last year. Sixteen of the companies responding to MCN’s survey topped the billion-dollar mark. The ranking ranges from Reliance at $11.5 billion down to No. 50 Klein Steel with sales of $112 million. The ranking is based on full-year revenues from 2018.
Rounding out the Top 10 are: Ryerson, Inc., $4.4 billion; Russel Metals, $3.2 billion; ThyssenKrupp Materials NA Inc., $3.2 billion; Kloeckner Metals Corp., $3.2 billion; Samuel, Son & Co. Ltd, $2.85 billion; O’Neal Industries, Inc., $2.7 billion; Steel Technologies, $2.6 billion; Worthington Industries, $2.5 billion; and Toyota Tsusho America, $2.3 billion.
Tim Triplett
Read more from Tim TriplettLatest in Service Centers
Jack Biegalski joins Esmark Steel Group as CEO
Jack Biegalski, former president and CEO of American Heavy Plates, has been named the new CEO of the Esmark Steel Group.
Casey to lead Olympic’s manufactured metal products business
National service center chain Olympic Steel has made an internal promotion to fill the newly created role of director of manufactured metal products.
Russel Metals acquiring Kloeckner Metals centers to increase US presence
The seven facilities Russel agreed to purchase are located in Iowa, North Carolina, Georgia, Texas, and Florida.
Klöckner to sell seven US locations to Russel, one to Service Steel Warehouse
German service center Klöckner and Co. has agreed to sell seven of its US locations to Canadian service center Russel Metals Inc. for approximately $119 million, the companies said in press releases on Sunday.
Worthington Steel’s earnings, sales rise in fiscal Q1’26
Worthington Steel saw a strong first quarter to kick off its fiscal 2026 as both profits and sales notched increases.