Service Centers

Triple-S Expands in Mid-Atlantic Region
Written by Tim Triplett
October 14, 2021
In its latest acquisition, Triple-S Steel Supply Co., Houston, has purchased BMG Metals, a steel distributor and metal superstore with five stocking locations throughout Virginia and Maryland.
Steve Briggeman, a 21-year veteran of Triple-S, has been promoted to regional vice president. A resident of Knoxville, Tenn., Briggeman will oversee the new BMG business in addition to the Knoxville branch.
BMG Metals supplies carbon steel, stainless and aluminum. Its processing services include plasma cutting and burning, plus sawing and shearing.
“Steel distribution is what we love, and we welcome the opportunity to meet new friends and customers in one of the birthplaces of the United States. BMG provides a great vehicle to bring what we do best to this region,” said Gary Stein, CEO of Triple-S.
“After taking BMG as far as we could over the past nine years of ownership, Dillon Supply and our parent Descours and Cabaud realized BMG needed to be part of a larger steel organization in order to grow to the next level. Triple-S Steel, with its strong leadership, is the company to do just that,” said Dean Wagoner, president of BMG Metals.
Triple-S Steel Supply is a general line service center with a special emphasis in the construction markets. From its roots in Houston, it has grown throughout North America, Central and South America, and Asia. The company sells nearly 500,000 tons of steel per year.
By Tim Triplett, Tim@SteelMarketUpdate.com

Tim Triplett
Read more from Tim TriplettLatest in Service Centers

Galvanized steel prices slip while demand remains flat: HARDI
Galvanized steel prices dipped to ~$48/hundredweight in August from the $50-59/hundredweight range during the month of July.

Mill Steel relocating Texas facility to Port of Houston
Mill Steel Co. announced it is relocating its Houston operations to a bigger facility at the Port of Houston.

Olympic taps Anza for GM role at Connecticut location
Olympic Steel Inc. has promoted Vincent Anza to the role of general manager for its Milford, Conn., facility.

Friedman Industries’ profits jump in its fiscal Q1
Friedman Industries’ fiscal first-quarter earnings nearly doubled from a year ago.

Russel Metals hits recent revenue high as Q2 shipments surge
Russel Metals posted its strongest quarterly revenue in three years, fueled by higher steel prices, steady demand, and near-record shipments across its service center network.