Service Centers

Majestic Steel opens Arkansas location on Nucor campus
Written by Laura Miller
May 8, 2024
Majestic Steel announced the completion of its flagship Majestic Steel Arkansas facility in Blytheville on the campus of Nucor Steel Hickman.
Cleveland-based Majestic said the new service center and mass distribution facility has 516,633 square feet of climate-controlled space. It can store 125,000 square feet of master coils and 122,000 square feet of finished goods. Additionally, the facility is accessible by rail, barge, and truck.
“This milestone represents the beginning of a transformative journey in the steel industry,” Majestic Steel said in a statement on Wednesday.
“We’re creating the most efficient, cost-effective, and eco-friendly steel service center and supply chain in the heart of steel production excellence,” president and CEO Todd Leebow said of the new facility. “As we activate our state-of-the-art processing lines, we’re dedicated to shaping a more sustainable steel industry.”
Red Bud Industries and Braner supplied the four flat rolled processing lines, which include slitting, cut-to-length, multi-blanking, and spin-down lines. The lines are able to process steel up to 72” wide.

Laura Miller
Read more from Laura MillerLatest in Service Centers

Klöckner narrows Q1 loss, targets growth in North America and Europe
Germany’s Klöckner & Co. reported a narrower loss in the first quarter as the company targets becoming the “leading” service center and metal processing firm in North America and Europe by 2030.

Russel mulls buying US service centers despite Q1 profit dip
Russel Metals’ earnings slipped in the first quarter, but the company is still eyeing service center acquisitions in the US.

Olympic Steel earnings slump in ‘challenging’ first quarter
Olympic Steel’s earnings slid in the first quarter as the steel industry faced a “challenging” economic conditions.

Olympic taps Scott for board, Rippey steps down
Olympic Steel elected Peter J. Scott to its board of directors at its annual meeting on May 2. At the same time, long-time director Michael G. Rippey has retired from the board after 10 years.

Ryerson narrows loss in first quarter
Ryerson's net loss shrinks in first quarter.