05
Jan
17:45
Reliance acquires Midwest energy tube distributor
US service centre chain Reliance Steel & Aluminum has completed its acquisition of Tubular Steel Inc to make inroads into the relatively weak energy tubulars market, Kallanish learns from a company statement.
Tubular Steel of St. Louis, Missouri, functions as a distributor and fabricator of carbon, alloy and stainless tubular and bar products.
Financial terms of the acquisition were not disclosed, but Reliance notes that Tubular Steel’s net sales we…
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Anonymous
Very good overview of the weekly steel market.
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