Metal Center News

JAN 2018

Metal Center services the metal center and toll processor industry.

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Page 33 of 48 Metal Center News — January 2018 ❘ 33 Metals Year in Review tions with the acquisition of an 80,000-square-foot facility. The new building brings total square footage for the 100 percent toll processor up to 200,000 feet, all under crane. N Ratner Steel Supply Co., Roseville, Minn., announced plans to expand to a third location, in Osceola, Ark. The company purchased a 150,000-square-foot building near both the Big River Steel and Nucor Arkansas facilities. N Most Houston-area mills and service centers resumed op- erations within a few days after the area was walloped by Hur- ricane Harvey, one of the costliest natural disasters in U.S. his- tory. Two weeks later, the industrial economy was hammered again when Hurricane Irma hit the Southeast. Fourth Quarter N Tokyo-based Metal One Corporation reached an agreement to acquire the U.S. metals business from Cargill, Minneapo- lis. The agreement includes Cargill's U.S. metals supply chain business, including commercial activities based in Minneapo- lis and Houston, as well as eight processing facilities in seven U.S. cities. N South Korean steelmaker POSCO opened a new wire rod processing center at the Port of Indiana in Jeffersonville, Ind. The 80,000-square-foot facility is located on 13 acres at the port. N Petersen Aluminum announced plans to open a new manu- facturing facility in Phoenix. The 52,000-square-foot facility is expected to be operational in the first quarter of 2018. N Canadian service center company Russel Metals acquired Color Steels. The Concord, Ontario-based Color Steel special- izes in the distribution of pre-painted metals. N ArcelorMittal announced plans to idle its rolling mill at its Conshohocken facility in Pennsylvania. Lower demand levels in bridge building, ships, tank cars and military equip- ment, plus import, were cited as reasons for the temporary closure. N North Star BlueScope Steel, Delta, Ohio, appointed Robin Davies as president. He had been based in New Zealand, where he served as vice president of rolling and finishing operations at the company's Glenbrook site. N Reliance finalized its acquisition of Ferguson Perforat- ing Company. Ferguson, which specializes in producing per- forated metal for a variety of end markets, is headquartered in Providence, R.I., and operates an additional facility in New Castle, Pa. N Luxembourg-based steelmaker ArcelorMittal announced plans to invest $1 billion over three years in its Mexican operations, including the construction of a new hot strip mill. The company said the investment will look to build Ar- celorMittal Mexico's downstream capabilities, modernize its existing asset base and keep its mining operations competitive. N EVRAZ North America commissioned a spiral pipe plant in Regina, Saskatchewan in Western Canada. The facility pro- duces spiral pipes measuring 12.0 to 24.3 meters in length with diameters of 608 to 1,625 millimeters, at thicknesses of 6 to 25.5 millimeters. N SSAB Americas, a division of Swedish steelmaker SSAB, announced plans to relocate the division's head office from Lisle, Ill., to Mobile, Ala. Since 2001, the company has oper- ated a steel mill in nearby Axis, Ala, in addition to a second mill in Montpelier, Iowa. N Charles "Chip" Blankenship was hired as CEO of Arconic. Blankenship spent 24 years with General Electric before join- ing the light metals company. N The Brussels-based World Steel Association predicted global steel demand will reach 1.65 billion metric tons in 2018, a 1.6 percent increase over the expected total from 2017. Glob- al steel demand excluding China is expected to increase 3 per- cent from 2017. N Global Brass and Copper Holdings, Schaumburg, Ill., ac- quired the business of Unimet Metal Supply, including non- ferrous metals service center Alumet. The New Jersey-based company, which operates nine facilities across the United States, supplies aluminum, coated aluminum, and copper and brass sheet and strip products. N Mississauga, Ontario-based Samuel Son & Co., acquired processing specialist Main Steel, Elk Grove Village, Ill. Main Steel, which operates facilities in four U.S. locations, will con- tinue to operate as an independent processor under the Main Steel name. N Jemison Metals, Birmingham, Ala., promoted Craig Mathi- ason to president and chief operating officer. Pete Heinke, Jemison Metals' CEO, will remain involved in business opera- tions while tackling a key strategic initiative for the company. N Logansport, Ind.-based ABC Metals, Inc., a precision slit- ter and distributor of primarily nonferrous alloys, acquired the assets of International Metals Processing, LLC, a toll pro- cessor of coils and sheets of steel, stainless steel, aluminum and bronze. IMP operates an 86,400-square-foot facility in Indianapolis. N Nucor Corp., Charlotte, N.C., selected sites for two new mills. Nucor chose to locate its merchant bar quality mill at its existing bar steel facility in Bourbonnais, Ill The company also announced plans to build a $250 million rebar micro mill in Sedalia, Mo. N The proposed deal by Chinese-owned aluminum firm Zhongwang USA to acquire Cleveland-based aluminum manufacturer Aleris Corp., fell through. The Committee on Foreign Investment in the United States raised concerns about the transaction in July. N

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