Steel News

Reliance Steel & Aluminum Co. to Acquire Merfish United

05 August 2021 - Reliance Steel & Aluminum Co. announced Wednesday that it has entered into a definitive agreement to acquire tubular building products distributor Merfish United.

Paragon Acquires Ohio Carbon Steel Distributor

25 May 2021 - Flat-rolled processor Paragon Steel has acquired Ohio carbon steel distributor Buckeye Metals Industries for an undisclosed amount.

Varsteel Completes CTL Line Install

05 April 2021 - Saskatchewan, Canada, service center Varsteel Ltd. recently installed a new heavy-gauge cut-to-length line and stretcher leveler from Red Bud Industries, according to the equipment manufacturer.

Acquisition Deepens Flat-Rolled Distributor's Footprint

25 March 2021 - U.S. flat-rolled distributor Mill Steel Co. has acquired the commercial assets of a California-based steel trading and seller of pre-painted and coated coil products.

Contractors Steel Expands Footprint, Product Offerings

15 December 2020 - Midwestern U.S. and Canadian steel service center Contractors Steel has acquired a leading distributor specializing in light structurals and specialty metals.

Acquisition Expands Olympic Steel’s Specialty Metals Business

14 December 2020 - Olympic Steel Inc. has acquired the assets of Texas-based stainless steel and aluminum products distributor Action Stainless & Alloys for an undisclosed amount.

Coming to Kentucky: A New Tube Mill

02 November 2020 - Steel processor Nova Steel USA has chosen Bowling Green, Ky., as the home of a planned US$20 million automotive-focused tube plant, Kentucky Gov. Andy Beshear has announced.

Distributor Installs New Stretch Leveler

06 October 2020 - Kansas-based carbon steel distributor Steel and Pipe Supply has upgraded its Storage & Processors toll processing unit with a new stretch leveler from Delta Steel Technologies, the distributor reports.

Acquisition Allows Service Center Operator to Expand Further Into Midwest

23 September 2020 - Chicago-based UPG Enterprises LLC has completed its acquisition of flat-rolled distributor Lexington Steel Corp. and its affiliated steel logistics unit, Douglass Logistics Inc.

Alliance Steel Opens Indiana HQ, Service Center

21 August 2020 - Steel processor Alliance Steel has cut the ribbon on a new, state-of-the-art US$20 million headquarters and service center in Gary, Ind., USA, reports The Times newspaper of northwest Indiana.

Feralloy Eyes October Launch of New Processing Facility

14 July 2020 - Steel processor Feralloy Corp. is setting up a facility at a Kentucky steel mill and plans to launch operations in October, according to announcement from Kentucky Gov. Andy Beshear.

Olympic Steel Expands Footprint in Southeastern U.S.

02 June 2020 - Service center operator Olympic Steel Inc. has opened a new flat-rolled processing plant in northern Georgia.

Alliance Steel Opens New Headquarters Facility

01 June 2020 - Steel service center Alliance Steel has moved its headquarters and coil processing plant to Gary, Ind., USA, and is winding down operations at its former home in Illinois.

O’Neal Steel Readies New Facility

26 May 2020 - Steel service center O’Neal Steel is preparing to open a 64,000-square-foot facility in northwestern Missouri next month.

Ohio Selected as Site for New Tube Mill

26 February 2020 - A Canadian steel distributor and fabricator is expanding into northwest Ohio, where it plans to build a new US$70 million tube plant.

Tata Steel Launches North American Sales of New Steel Grade

25 February 2020 - An Indiana-based distributor has launched sales of a new abrasion-resistant grade from Tata Steel in North America and Brazil.

A. M. Castle & Co. Names New Chief Executive

07 January 2020 - Metals distributor A. M. Castle & Co. has promoted president Marec Edgar to chief executive officer, and board member Mike Sheehan to board chairman, the company announced on Tuesday.

Worthington Acquires Majority Stake in Samuel Steel Pickling Co.

06 January 2020 - Steel processor and cylinder manufacturer Worthington Industries is rolling a newly acquired facility into its sheet processing joint venture with Samuel, Son & Co. and has taken the majority stake in the business.

Olympic Steel’s Chicago Tube and Iron Under New Leadership

03 January 2020 - Metals service center Olympic Steel has promoted William Zielinski to president of its Chicago Tube and Iron (CTI) subsidiary, the company announced on Thursday.

Reliance Steel & Aluminum Adds California Service Center to its Roster of Companies

02 January 2020 - Reliance Steel & Aluminum Co. has completed its acquisition of California-based service center Fry Steel Co., the company announced Thursday.