Steel Products
Triple-S Acquires Arbor Metals
Written by Tim Triplett
August 9, 2017
Houston-based Triple-S Steel Holdings has completed its acquisition of Arbor Metals, a Dallas service center specializing in slitting of narrow carbon, stainless and nickel alloy materials.
The company, which will operate as part of the Triple-S specialty metals group, employs about 40 people under the leadership of Jack Matheson.
“We are excited to welcome a new team to the Triple-S family,” said Gary Stein, CEO of Triple-S. “We see an exciting combination and the ability to offer some very special material to our combined customer base.”
Matheson, who will serve as senior vice president of the new division, added, “the benefit of being part of a large organization, having access to talent, geographic locations and capital, is exactly what we were looking for in a new owner at Arbor. We’re very excited about our future as a Triple-S company, and how this will enable us to grow with our customers and employees.”
Triple-S Steel is one of the largest family-owned steel service centers in the United States, with over 30 locations in the U.S. and Colombia. In addition to the original Triple-S Steel Supply, company brands include Intsel Steel, R&S Steel, Metals Inc., General Steel of Macon, Tube Supply Co., Maas Hansen Steel, Beshert Steel Processing and Steckerl Aceros.
Tim Triplett
Read more from Tim TriplettLatest in Steel Products
CRU: Excessive global supply could hit rebar mill investments in US
Following the onset of the war in Ukraine in March 2022, concerns about import availability and expectations of rising demand from President Biden’s Infrastructure Bill pushed US rebar prices to record highs. In response, a flurry of new mills and capacity expansions were announced to meet the rise in demand from growth in the construction […]
Steel buyer spirits tempered by soft spot market conditions
Steel sheet buyers report feeling bogged down by the ongoing stresses of stagnant demand, news fatigue, tariff negotiations or implementation timelines, and persistent macroeconomic uncertainty.
CRU: US stainless prices to rise on expanded S232 tariffs
Stainless prices in the US market will rise, following price increases by major US producers. Our base case scenario incorporates higher US prices in the near term, despite the initial negative reaction by the market. US stainless prices will go up in 2025 H2 and will stay elevated in 2026 as tariffs on stainless […]
Galvanized steel demand unsteady amid lingering buyer fatigue: HARDI
Uneven demand for galvanized steel in June reflects a market that remains mired in uncertainty, according to industry sources.
OCTG industry salutes Customs for catching trade crooks
The US OCTG Manufacturers Association is commending US Customs for intercepting another Thai company's attempt to illegally transship Chinese oil pipe to the US.