Black Diamond Capital Management, L.L.C. ("Black Diamond") announced today that KYOEI STEEL, LTD.("Kyoei") has acquired the Vinton, TX steelmaking and finishing operations of the Bayou Steel Group from Black Diamond's BDCM Opportunity Fund IV. The Vinton facility, located near El Paso, TX, is a leading producer of rebar for the construction industry and grinding media for the mining industry. "We ha Read more...
Mill Steel Co., one of the nation's largest distributors of flat-rolled carbon steel, today announced the rebrand of its steel framing company, Steel Structural Products, to Mill Steel Framing. The rebranding of its steel framing and accessory operations under the parent trademark is well-timed as this year marks Mill Steel's 60th anniversary. "Since my grandfather founded Mill Steel Company in 1959, superior service and the practice of placing our customers f Read more...
SpendEdge, a global procurement market intelligence firm, has announced the release of its Global Stainless Steel Market - Procurement Intelligence Report. The stainless steel market is set to experience an impressive spend growth owing to the exponential demand of the 300 series grade stainless steel among end-user industries that seek to leverage its corrosion resistance property. By 2023, the stainless steel market is expected to reach a value of about USD 20 billion. However, ac Read more...
