Analysis

June 26, 2026
HSS consolidation enters its next chapter
Written by Laura Miller
Consolidation continues in the HSS (hollow structural sections) sector, with two big deals announced just this month.
At the beginning of June, Zekelman Industries reported that its Atlas Tube subsidiary had agreed to form a joint venture with Maruichi USA. Details of the agreement have yet to be revealed, except to say the JV will combine the operations of Atlas Tube and Maruichi USA under Atlas Tube’s management. (Could it look like Zekelman’s joint venture with Maverick Pipe, announced in 2024? Zekelman Industries declined to comment further on the JV at this time.)

