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Mills to buy up service centers in the next decade?

Publication: Metal Center News
Publication Date: 01-APR-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: Mills to buy up service centers in the next decade?(Association News)

Article Excerpt
When voracious steel mills from around the globe are finished consuming each other through mergers and acquisitions, the service center sector will be the next course on their menu, predicts Nick Tolerico, retired president of ThyssenKrupp Steel Services in Richmond, S.C.

Tolerico was a panelist during the Steel Markets North America 2006 Conference last month in Chicago, co-sponsored by Steel Business Briefings and the American Institute of International Steel. Also on the distribution panel was Jay Gratz, executive vice president and CFO at Ryerson Inc., and Mike Taylor, president of Cargill Steel Services Co.

Noting...

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