Service Centers
Metal Center News Top 50 Service Centers
Written by John Packard
September 27, 2014
Metal Center News published their top 50 service centers based on volume with Reliance Steel & Aluminum taking top honors once again by a wide margin. Reliance 2013 revenues were $9.22 billion up from 2012 revenues of $8.44 billion.
The next five service centers are closely bunched with revenues of at least $3.0 billion but not exceeding $3.46 billion.
Ryerson Inc. which just went public had 2013 revenues of $3.46 billion which was down from $4.025 billion in 2012.
Samuel, Son & Co. Limited had 2013 revenues of $3.3 billion followed by Kloeckner Metals Corp. at $3.1 billion, Russel Metals, Inc. at $3.095 billion and ThyssenKrupp Materials NA with revenues at $3.0 billion.
There was only one service center with revenues exceeding $2 billion but less than $3 billion. Coming in at number seven was O’Neal Industries with 2013 revenues of $2.3 billion down from $2.5 billion in 2012.
At number eight was Steel Techologies with 2013 revenues just shy $2 billion at $1.983 billion. In 2012 Steel Technologies had revenues of $2.037 billion.
In ninth place there was a tie between Worthington Steel Company and Alro Steel Corporation with each having revenues of $1.40 billion. Worthington 2013 revenues were down slightly from the $1.44 reported the prior year while Alro saw their revenues improve from 2012’s $1.35 billion.
Numbers 11 through 20 were reported by Metal Center News as being: Coilplus Inc. ($1.3 billion), Olympic Steel Inc. ($1.263 billion), Steel Warehouse Co, LLC ($1.2 billion), Marmon Distribution Services, Inc. ($1.1 billion), A.M. Castle & Co. ($918.3 million), Kenwal Steel Corporation ($864 million), Steel & Pipe Supply Co., Inc. ($739 million), Triple-S Steel Holdings Inc. ($799 million), Heidtman Steel Products Inc. ($692 million) and Central Steel & Wire Co. ($675 million).
Those following in the 21st through 30th positions were: Cargill Inc. ($630 million), Norfolk Iron & Metal Co. ($595 million), Mill Steel Co. ($575 million), Empire Resources Inc. ($483 million), Kelly Pipe Co. LLC ($450 million), McNeilus Steel Inc. ($446 million), Majestic Steel USA ($430 million) tied at #28 are: Eaton Steel Bar Co and Esmark Steel Group ($400 million) and at number 30 is Brown-Strauss Steel ($390 million).
The next group are those rated number 31 through 40 with Triad Metals International coming in at #31 with $351 million in revenues, Farwest Steel Corp ($310 million), Lapham-Hickey Steel Corporation ($300 million), Pacesetter Steel Service, Inc. ($282 million), Venture Steel Inc. ($280 million). There was a three way tie at #36 between Liberty Steel Products Inc., Magic Steel Sales LLC and Superior Supply and Steel ($275 million). At #39 we have Contractors Steel Co. ($253 million) and then at #40 Ranger Steel Services LP ($247 million).
Rounding out the top 50 are from #41 Eastern Metal Supply Inc. ($238 million), Adelphia Metals, LLC ($236 million), Trident Steel Corp. ($214 million), Tubular Steel Inc. ($200 million), American Piping Products Inc. ($185 million), Monarch Steel Co, Inc. ($175 million), McNichols Co. ($161 million), Unimet Metal Supply Inc. ($157 million), Ratner Steel ($152 million), and in the 50th spot is New Star Metals Inc. with revenues of $148 million.
John Packard
Read more from John PackardLatest in Service Centers
October service center shipments and inventories report
Flat rolled = 63.4 shipping days of supply Plate = 52.4 shipping days of supply Flat rolled shipments and inventories Flat-rolled steel supply at US service centers remains seasonally high. October inventories increased after edging lower in September – a dynamic driven largely by disappointing demand. October’s report reflects lower demand and stable lead times […]
Russel Metals to acquire Tampa Bay Steel
Tampa Bay Steel, a Florida-based steel distributer and metal processer, generated average annual revenues of about US$115 million
Friedman swings to loss amid ‘challenging’ market
Friedman Industries swung to a loss in its fiscal second quarter ended Sept. 30 amid “challenging” business conditions.
Worthington Steel taps Larivey as flat-rolled steel president
Worthington Steel has named Cliff Larivey as the company’s president of flat-rolled steel processing, effective Dec. 1. He will replace Jeff Klingler, who had been performing the role for the past year.
Olympic buys Georgia components manufacturer Metal Works
Cleveland-based Olympic Steel announced its first acquisition of 2024, Georgia-based components manufacturer Metal Works.