Tube City wins six mill service contracts

Nov 08, 2011 | 03:16 PM | Michael Marley

Tags  scrap, steel mill services, Tube City IMS, TMS International, Joseph Curtin, Ramond Kalouche, Michael Marley

PHILADELPHIA — Tube City IMS Corp. parent company TMS International Corp. said Wednesday it has won six new contracts to provide mill services and expects to announce another two to four new contracts by year-end.

The Glassport, Pa.-based mill services provider and scrap broker said in its third-quarter financial report that the six new contracts with steel mills in Mexico and overseas would yield more than $147 million in additional revenue for the company over the life of the contracts at expected production levels. The expected revenue from the newly signed contracts plus those it....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results