Steel Mills
Triple-S Announces Acquisition of Marco Steel and Aluminum
Written by Laura Miller
April 5, 2023
Arbor Metals Inc. and Tube Supply LP have purchased the assets of Marco Steel and Aluminum Inc., a processor of carbon, alloy, and stainless steels, aluminum, and hot-rolled steel plate with operations in the southwestern US.
Arbor Metals, a division of service center Triple-S Steel, will now own and operate Marco’s assets in Lubbock, Texas, and Albuquerque, N.M.
Marco’s operations in Midland, Texas, will be owned and operated by Tube Supply, a joint venture between Triple-S and Sorensen Capital.
“This joint purchase will allow both companies to better serve the needs of our customers while expanding our offerings in grades, services, and locations,” Triple-S said in a press release.
Triple-S is headquartered in Houston and operates more than 50 locations throughout the US, Canada, and Colombia.
By Laura Miller, laura@steelmarketupdate.com

Laura Miller
Read more from Laura MillerLatest in Steel Mills

Cliffs unveils new hydrogen-powered stainless line in Ohio
CEO Lourenco Goncalves, flanked by state leaders and union reps, touted the project as proof that US manufacturing is not only alive, but also advancing.

Cliffs idles Steelton, Riverdale, and Conshohocken operations
Cliffs has idled facilities in Riverdale, Ill., and Conshohocken and Steelton, Pa.

Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.

AISI: Raw steel production backs off multi-year high
US raw steel output edged lower last week after hitting a multi-year high in mid-June, according to the American Iron and Steel Institute (AISI).

Private equity firm Atlas Holdings to acquire Evraz North America
Atlas Holdings said it has signed a definitive agreement to acquire Evraz North America (Evraz NA). The Greenwich, Conn.-based private equity firm said it expects the deal for the Chicago-based steelmaker to close in the second quarter of 2025 subject to various closing condition.