Steel Mills

Ryerson Acquires Howard Precision Metals
Written by Becca Moczygemba
September 8, 2022
Ryerson has announced its acquisition of Howard Precision Metals, one of the largest distributors of aluminum in the Midwest.
“Howard has cultivated a strong brand and a reputation for creating excellent customer experiences,” said Mike Burbach, Ryerson’s COO. “Its processing capabilities complement Ryerson’s existing non-ferrous franchise, and we are excited to recognize these synergies as we welcome them to the Ryerson Family of Companies.”
Terms of the deal were not disclosed.
The Milwaukee, Wis.-based aluminum distributor noted its excitement in joining Ryerson. “Its processing capabilities complement Ryerson’s existing non-ferrous franchise, and we are excited to recognize these synergies as we welcome them to the Ryerson Family of Companies,” added Burbach.
Howard Precision Metals was established in 1928 and specializes in aluminum mold plate, wrought plate, cast plate, and extruded aluminum bar stock.
Ryerson, headquartered in Chicago, Ill., is a leading value-added processor and distributor of industrial metals employing about 4,000 across 100 locations in the US, Canada, Mexico, and China.
By Becca Moczygemba, Becca@SteelMarketUpdate.com

Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Mills

Trump says US government to control 51% share in USS
President Trump says the US government will hold a 51% stake in U.S. Steel after the Nippon deal.

ArcelorMittal plans wire-drawing closure in Hamilton, shifts production to Montreal
ArcelorMittal’s (AM) Hamilton location to be shuttered, wire production shifting to Montreal.

USS, Nippon Steel quiet as litigation deadline approaches
There has been little word from U.S. Steel, Nippon Steel, or the White House since President Trump endorsed the companies’ “partnership” on social media and celebrated it at the May 30 rally outside Pittsburgh.

AISI: April mill shipments fall, sheet down YTD
US steel mills saw a decline in shipments from March to April.

Hybar rolls first rebar, ramping up Arkansas mill commissioning
The startup steelmaker produced its first rebar at its greenfield steel mill in Osceola, Ark., marking a key milestone by completing construction in 22 months.