Metal Center News

JAN 2018

Metal Center services the metal center and toll processor industry.

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Page 30 of 48

A fter two years of declining shipments, the metals distribution business experienced a bit of a rebound in 2017. Prices also remained steady, leading to a decent year for most service centers. Before fully diving into 2018, here's a look back at the highlights of the previous year in the metals supply chain. First Quarter N JMS Russel Metals Corp., a subsidiary of Russel Metals Inc., acquired the operating assets of Jackson Pipe & Steel, a Texarkana, Texas-based supplier of carbon steel, stainless and aluminum products. N Triple-S Steel Supply announced it would consolidate its two Denver operations into a single 234,000-square-foot Intsel Steel location in Colorado's capital city. N Industrial Tube & Steel Corp., Kent, Ohio, added a third lo- cation with its acquisition of a 40,000-square-foot facility in Mt. Julien, Tenn. ITS also added two new band saws at the site ca- pable of cutting up to 22-inch di- ameter bar and tube. N Samuel, Son & Co. Ltd., Mis- sissauga, Ontario, opened a larger full-line service center in Dart- mouth, Nova Scotia, offering car- bon steel plate, structural steel, steel checker plate, carbon flat- rolled, stainless and aluminum. N Big River Steel produced the first hot-rolled coil on its new "flex mill" in Osceola, Ark., which was purchased by Zekelman In- dustries. To mark the launch, Big River and Zekelman donated the $100,000 purchase price of the coil to the Wounded Warrior Proj- ect and Arkansas Northeastern College. N Pittsburgh-based U.S. Steel announced that it would restart its hot-strip mill at Granite City Works in Illinois in mid-Feb- ruary, after it was idled in January 2016. N Zekelman Industries, Chicago, reached an agreement to pur- chase Western Tube & Conduit Corp., a Long Beach, Calif.- based producer of steel tubing, from Nippon Steel & Sumitomo Metal Corp. and other minority shareholders. N Ryerson Holding Corp., Chicago, acquired Laserflex Corp., a privately owned laser metal fabricator with locations in Co- lumbus, Ohio, and Wellford, S.C. N Jerry Henry Jr. acquired the remaining 50 percent interest in Paragon Steel, Butler, Ind., which was founded in 1994 as a 50-50 joint venture between Henry and Steel Dynamics Inc. N Arlington Metals founder Theodore Orlowski died on Jan. 21 at the age of 82. N D'Orazio Capital Partners LLC and current mill manage- ment purchased a quarto plate stainless steel mill in New Cas- tle, Ind., from Finland's Outokumpu. The company decided to operate under the name New Castle Stainless Plate LLC. N Pipe manufacturer Dura-Bond Industries, Export, Pa., said it would reopen the former U.S. Steel McKeesport Tubular Operation in Pennsylvania later in the year. Dura-Bond purchased equipment from U.S. Steel and leased the site from the Regional Industrial De- velopment Corp. of Southwestern Pennsylvania. N NLMK USA announced plans to install a new walking-beam re- heating furnace at its Farrell, Pa., facility. The company said the new $80 million furnace will increase the quality of finished steel prod- ucts, lower energy consumption at the mill and have an annual capac- ity of 1.7 million tons when it goes online sometime this year. N Ryerson Holding Corp. purchased Metals Year in Review By the Staff of Metal Center News 30 ❘ Metal Center News — January 2018 20 17 Return to Respectability Bill Partalis, who stepped down from his position as CEO of Kloeckner Metals at the end of 2017, was named the 21st recipient of the Metals Center News Executive of the Year honor.

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