Mill Steel relocating Texas facility to Port of Houston
Mill Steel Co. announced it is relocating its Houston operations to a bigger facility at the Port of Houston.
Category: Distributors/Service Centers
Olympic taps Anza for GM role at Connecticut location
Olympic Steel Inc. has promoted Vincent Anza to the role of general manager for its Milford, Conn., facility.
Friedman Industries' profits jump in its fiscal Q1
Friedman Industries’ fiscal first-quarter earnings nearly doubled from a year ago.
Russel Metals hits recent revenue high as Q2 shipments surge
Russel Metals posted its strongest quarterly revenue in three years, fueled by higher steel prices, steady demand, and near-record shipments across its service center network.
O'Neal CEO Parnell discusses technology, flexibility, and camaraderie
Her insatiable curiosity and desire to solve complex problems remain at the forefront of O’Neal Steel President and CEO Jodi Parnell’s success in the steel industry. Parnell is as fluent in employee management styles as she is in managing successful client technology adoption.
Olympic remains acquisitive despite Q2 earnings slide
Olympic Steel's earnings fell in the second quarter amid an "unprecedented" environment in the metals industry.
Ryerson profits fall in Q2 on low demand
Ryerson’s earnings slumped in the second quarter amid “recessed” demand.
Reliance logs another record for Q2 tons sold
Reliance Inc. reported record second-quarter tonnages, with 1.62 million tons sold in the second quarter of 2025, a 4% increase year over year (y/y).
AZZ posts record Q1 earnings amid infrastructure demand surge
AZZ Inc. posted record earnings for the first quarter of its 2026 fiscal year on the back of strong infrastructure-related demand and improved operating performance.
AZZ expands in Midwest with acquisition of Canton Galvanizing
Independent galvanizer and coil coater AZZ Inc. has agreed to acquire Canton Galvanizing LLC.
Triple-S closes on American Stainless Tubing buy
Triple-S Steel Holdings has closed on its previously announced acquisition of American Stainless Tubing.
Worthington Steel maintains cautious optimism through market uncertainty
CEO Geoff Gilmore praised his employees for gaining market share, filling open capacity, and exceeding customer expectations.
Worthington Steel fiscal Q4 profit rises despite sales drop
Worthington Steel earnings rose while sales fell in its fiscal fourth quarter.
Friedman's profits tick higher on record quarterly sales volumes
Friedman Industries' earnings increased in its fiscal fourth quarter ended March 31.
Worthington expands European presence with closing of Sitem deal
The Ohio-based steel processor is now the majority owner of Italy's Sitem Group, which has six manufacturing sites across Italy, Switzerland, Slovakia, and France.
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.
Worthington Steel set to move HQ across town
Worthington Steel is preparing to move its corporate headquarters to the Easton area of Columbus, Ohio.
Reliance reports record tons sold in Q1
A factor in the sales was customers buying ahead of tariff-related price increases.
AZZ sees tariffs boosting demand for US-made coating solutions
Coil coater AZZ Inc. sees President Trump’s aggressive trade policy stoking demand for coating solutions for steel and aluminum made in the US.
Galv buyers notched strong Q1, but see uncertainty on the horizon
Participants on the HARDI Sheet Metal/Air Handling Council call said underlying demand is solid but there are slower pockets in some markets.
AZZ Inc.'s earnings rise, but sales dip on weather woes
AZZ Inc. posted higher earnings in its fiscal fourth quarter, but sales slipped on weather disruptions.
GM names Worthington a 2024 Supplier of the Year
This is the Ohio-based steelmaker’s fourth time winning the award.
Olympic taps Hegler for GM role at Action Stainless
Olympic Steel has named Alex Hegler as general manager for its Action Stainless facility in Rock Hill, S.C.
Olympic opens new Houston facility for Action Stainless unit
Olympic Steel has opened a new facility in Houston to support its Action Stainless business.
Worthington Steel sees demand improvement after earnings slump
Lower volumes and steel prices dampened Worthington Steel’s profits, but market momentum is building, the metals processor said in its most recent quarterly earnings report.
Galvanized buyers see strong demand, but uncertainty lingers
Demand is up, but tariffs raise concerns