Service Centers
Reliance Leads MCN’s Top 50 for the 12th Year in a Row
Written by Tim Triplett
September 12, 2019
Reliance Steel & Aluminum continues to dominate the service center market, ranked No. 1 once again in the just-released Metal Center News Service Center Top 50 with $11.5 billion in revenues.
In total, North America’s Top 50 metals distributors accounted for a record $61.1 billion of the industry’s sales last year. Sixteen of the companies responding to MCN’s survey topped the billion-dollar mark. The ranking ranges from Reliance at $11.5 billion down to No. 50 Klein Steel with sales of $112 million. The ranking is based on full-year revenues from 2018.
Rounding out the Top 10 are: Ryerson, Inc., $4.4 billion; Russel Metals, $3.2 billion; ThyssenKrupp Materials NA Inc., $3.2 billion; Kloeckner Metals Corp., $3.2 billion; Samuel, Son & Co. Ltd, $2.85 billion; O’Neal Industries, Inc., $2.7 billion; Steel Technologies, $2.6 billion; Worthington Industries, $2.5 billion; and Toyota Tsusho America, $2.3 billion.
Tim Triplett
Read more from Tim TriplettLatest in Service Centers
Ryerson swung to loss in ’24, but saw fortunes improve over the last month
Ryerson swung to a loss in the fourth quarter, but has seen a turnaround in the last 30 days.
Despite policy uncertainty, Reliance upbeat on ’25
Reliance noted that it is about 95% domestically sourced.
Russel Metals posts solid quarter, doesn’t expect direct impact from tariffs
Russel Metals said on Thursday that it doesn’t expect to be directly impacted by US tariffs on Canadian steel. The Mississauga, Ontario-based distributor made the comments in its quarterly earnings report on Thursday. The company doesn’t export significant volumes to the US, it said, and thus doesn’t expect to be directly impacted. However, “The primary […]
Friedman logs quarterly loss amid ‘challenging conditions’
Friedman swings to a loss in its fiscal third quarter of 2025.
Tampa Steel Conference: Service centers more upbeat about 2025
If 2021 and 2022 was the party, 2024 is the morning after, one panelist said.