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
August US mill shipments slip but still higher than last year
The American Iron and Steel Institute reported a decline in the monthly shipments of US mills from July to August.
TransPod, Algoma, Supreme Steel linkup anchors Canadian steel in high-speed transit build
The three Canadian companies have announced a strategic partnership to support the development of an ultra-high-speed transit line from Edmonton to Calgary.
Metallus, USW agree to tentative four-year labor deal
Metallus and the United Steelworkers (USW) have agreed to a tentative four-year labor contract.
ArcelorMittal Dofasco resumes cokemaking after emergency maintenance
The Canadian steelmaker reported on Sept. 30 that “urgent maintenance” was needed in its coke plant off-gas systems. The work required coke oven gas from the No. 2 coke plant to be flared for most of that week.
AISI: Raw steel production ticks back down
US raw steel output declined last week after increasing the week prior, according to the latest data from the American Iron and Steel Institute (AISI). Output has see-sawed from week to week since mid-August. Still, it has remained historically strong over the past four months and has held near multi-year highs since June. Domestic mills […]