24
Aug
14:22
Nucor buys Hannibal for $370m
US steel producer Nucor has finalised its acquisition of steel rack producer Hannibal Industries, Kallanish learns from a company statement.
Nucor acquired 100% of the company’s outstanding share for $370 million.
"We are excited to officially welcome our Hannibal teammates as part of the Nucor team," says Nucor sheet and tubular products president Giff Daughtridge. "Adding steel racking solutions to our product portfolio expands …
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Anonymous
Very good overview of the weekly steel market.
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