Steel Mills

Ryerson Expands Processing Capabilities, Acquires Excelsior
Written by David Schollaert
November 2, 2022
Ryerson is expanding its value-added portfolio with the addition of a West Coast fabrication and machining company, in a move likened to its purchases of Specialty Metals Processing and Apogee Steel Fabrication over the past 12 months.
The Chicago-based metals service center group has acquired Fresno, Calif.-based Excelsior Inc. for an undisclosed sum.
“Excelsior has built a strong reputation for advanced processing and customer service,” said Steve Bosway, Ryerson’s president, west region. “This acquisition strengthens the Ryerson network of value-added service centers, allowing us to provide better experiences and an extended suite of metal processing solutions for customers in the Western US.”
Excelsior is a full-service fabrication and machining company with advanced processing facilities including machining centers, laser and waterjet cutting, welding, and complex assemblies, the company said in a Nov. 1 release.
“Since 1996, Excelsior has served customers with the equipment and expertise to exceed their expectations,” added Ray Roush, Excelsior’s founder and CEO. “We are pleased to continue that legacy as the newest member of the Ryerson Family of Companies.”
Ryerson, headquartered in Chicago, Ill., is a value-added processor and distributor of industrial metals employing more than 4,000 across 100-plus locations in the US, Canada, Mexico, and China.
By David Schollaert, David@SteelMarketUpdate.com

David Schollaert
Read more from David SchollaertLatest 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.