14
Feb
18:54
Reliance agrees to acquire American Alloy Steel
Reliance Steel and Aluminum has agreed to acquire Houston, Texas-based plate and bar distributor American Alloy Steel, Kallanish understands.
The acquisition will increase Reliance’s value-added processing capabilities in burning, cutting, rolling and beveling, the Scottsdale, Arizona-based company states.
“We look forward to continuing to grow the American Alloy business, especially in value-added processing, as well as leveraging our collaboration …
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Very good overview of the weekly steel market.
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