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Metals Service Centers

Latest In Metals Service Centers

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Research & Analytics

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Second Quarter 2020 Distribution Markets Forecast

July 27, 2020
| Eric Smith

MDM’s new report, Markets Forecast, offers quarterly revenue projections for the wholesale distribution industry, plus breakouts for select categories, for the current calendar quarter and the next fiscal year. The inaugural Forecast looks at post-pandemic projections for distributors as a whole, plus specific sectors.

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Research & Analytics

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MDM-Baird Distribution Survey: 4 Burning Questions as Pandemic Market Disruption Persists

July 27, 2020
| Eric Smith

MDM’s quarterly survey in partnership with investment banking firm Baird reveals that distributor revenues decelerated sharply in 2Q but not as bad as feared at the beginning of the pandemic shutdown. One consensus among more than 550 participants: Distributors began rethinking the way they manage talent.

Top Distributor Sectors

News

AHB Tooling & Machine Inc Acquires Tool-Craft Supply

December 17, 2019
| Arya Roerig

Tool-Craft Industries will continue to operate as an independent entity under the leadership of Chet Wilson, its president.

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Ryerson First Quarter Sales Up 31%

May 3, 2019
| Arya Roerig

Net income increases to $29.6 million during the quarter.

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Reliance Steel Sales Up 18.7% in 2018

February 28, 2019
| MDM Staff

Fourth-quarter sales up 18.4%.

Metals Service Centers

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Reliance Steel & Aluminum Sales Up 20.7% in 2Q

July 30, 2018
| MDM Staff

Year-to-date sales increased 17.4 percent year-over-year.

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Alcoa’s Sales Rise in Q2

July 19, 2018
| MDM Staff

Manufacturer reports second-quarter sales of $3.6 billion.

Metals Service Centers

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Ryerson First Quarter Sales Up 16%

May 3, 2018
| MDM Staff

Net income drops 30 percent in quarter.

Top Distributor Sectors

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Ryerson Acquires Fanello Industries

April 5, 2018
| MDM Staff

Georgia-based metal service company serves customers in the Southeast.

Top Distributor Sectors

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Webco Sales Up 21.1% in Fiscal 2Q

February 28, 2018
| MDM Staff

Year-to-date sales up 25.2 percent compared to the prior year.

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Reliance Steel Sales Up 12.9% in 2017

February 15, 2018
| MDM Staff

Fourth-quarter sales up 15.3 percent.

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TimkenSteel Sales Up 52.9% in 2017

January 26, 2018
| MDM Staff

Fourth-quarter sales up 59 percent year-over-year.

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TimkenSteel Sales Up 58.6% in 3Q

October 27, 2017
| MDM Staff

Year-to-date sales up 50.9 percent year-over-year.

Metals Service Centers

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Reliance Steel & Aluminum Sales Up 12.1% in 3Q

October 26, 2017
| MDM Staff

Year-to-date sales increased 12.1 percent year-over-year.

Finance

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AHB Tooling & Machine Inc Acquires Division of Westbrook Engineering

October 17, 2017
| MDM Staff

The acquisition expands AHBs range of machinery offerings and expertise.

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Webco Sales Up 16.5% in Fiscal 2017

September 22, 2017
| MDM Staff

Fourth quarter sales up 26.9 percent year-over-year.

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TimkenSteel Sales Up 52.1% in 2Q

August 1, 2017
| MDM Staff

Year-to-date sales up 47.1 percent year-over-year.

Metals Service Centers

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Reliance Steel & Aluminum Sales Up 12.3% in 2Q

July 27, 2017
| MDM Staff

Year-to-date sales increased 12.1 percent year-over-year.

Top Distributor Sectors

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TimkenSteel Appoints Two to Head Commercial, Manufacturing Operations

July 18, 2017
| MDM Staff

Current EVP of sales and development will retire.

Top Distributor Sectors

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TimkenSteel Sales Up 41.9% in 1Q

April 28, 2017
| MDM Staff

The company reported a loss of $5.3 million for the quarter.

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