04
Oct
13:48
Olympics buys stainless distributor Shaw
US flat-rolled service centre chain Olympic Steel has bought the assets of Shaw Stainless & Alloy Inc for an undisclosed sum, Kallanish learns from an Olympic statement.
Powder Springs, Georgia-based Shaw will be rolled into Olympic’s specialty metals division, headed up by president Andy Markowitz.
“Continuing to acquire well-run, high-return businesses is a key element of our strategy,” says Olympic ceo Richard Marabito. &ldquo…
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Very good overview of the weekly steel market.
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