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    Distributors/Service Centers

    October 2, 2023

    Olympic Steel Buys Arkansas-Based Central Tube & Bar

    Written by Ethan Bernard

    Olympic Steel has acquired Conway, Ark.-based Central Tube & Bar (CTB).

    Terms of the deal were not disclosed. However, the Cleveland-based national service center said the “all-cash purchase is expected to be immediately accretive.”

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

    Read more from Ethan Bernard

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