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14 Dec
19:15

Steel Technologies agrees to purchase Calstrip Industries

Kentucky-based processor Steel Technologies is set to acquire flat rolled processor Calstrip Industries. Financial details were not released. Once the deal closes later this month, Steel Technologies’ portfolio will include 31 facilities, including joint venture operations, throughout North America. Steel Technologies is owned by NuMit LLC, a 50-50 joint venture between steelmaker Nucor and Mitsui & Co USA. Calstrip supplies flat rolled carbon steel, st…
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