Service Centers
Leeco Adds Processing Equipment in Indiana
March 8, 2023
Leeco Steel has added processing equipment at its Portage, Ind., distribution center.
The Lisle, Ill.-based plate supplier said it has put in a Messer MPC2000 MC combination cutting and drilling machine. It is capable of plasma cutting, oxy fuel cutting, beveling, drilling, tapping, counter sinking, and etching.
Leeco noted that this expands its processing capabilities for midwestern customers. The company said it can now readily supply customers in the region with steel plate parts, in addition to steel plate.
“We are always seeking ways to improve our efficiency and create value for customers and will continue investing in equipment that allows us to do so,” Denton Nordhues, president and CEO of Leeco Steel, said in a statement.
The company recently added LISSMAC deburring machines to its Ambridge, Pa., and Portage distribution centers, and a Messer MPC2000 to its Hamilton, Ontario, facility.
By Ethan Bernard, ethan@steelmarketupdate.com
Latest in Service Centers
Olympic taps Zito for new VP of development role
Cleveland-based Olympic Steel Inc. has promoted Scott M. Zito to the newly created role of vice president of business development. Zito has been with the company for more than 40 years.
Worthington Steel and Samuel to close Cleveland coil processing JV
Worthington Steel confirmed it is closing the Worthington Samuel Coil Processing (WSCP) facility in Cleveland. WSCP is a joint venture between Worthington Steel and Oakville, Ontario-based Samuel, Son & Co.
Galvanized buyers brace for market shifts amid rising tariffs
One buyer summed up the prevailing sentiment: “Everything is pointing up — pricing, sentiment, order activity. But the real test will come once the immediate reactionary buying subsides. Will there be enough true demand to support these levels through mid-year? That’s the big unknown.”
Olympic Steel sees increased line pipe jobs while lead times jump on Trump tariffs threats
Olympic Steel has seen jobs for line pipe jump in recent weeks as the Trump administration has talked up fossil fuel production, which is good news for hot-rolled coil producers. Meanwhile, tariff talk has lengthened lead times, Olympic executives said.
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.