Service Centers

Ryerson Expands Non-Ferrous Distribution, Buys TSA Processing
Written by Becca Moczygemba
November 2, 2023
Ryerson Holding Corp. has acquired non-ferrous metals distributor TSA Processing.

“TSA’s expertise in non-ferrous processing and polishing strengthens Ryerson’s value-added services within our own industry-leading stainless and aluminum franchises,” Ryerson COO Mike Burbach said in a press release on Wednesday.
Terms of the deal were not disclosed. Prior to this announcement, the metals service center’s most recent acquisition was Wisconsin-based fabricator Norlen Inc. last month.
TSA processes flat-rolled aluminum and stainless steel in six locations across the Midwest and Southern US. The Houston-based non-ferrous processor will remain under the leadership of former owners Bill Tresten and Monte Sneed, according to the release.

Becca Moczygemba
Read more from Becca MoczygembaLatest in Service Centers

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