Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Mill Steel has purchased the commercial assets of Los-Angeles-based Prassas Metal Products (PMP) and will take over the steel processing and supply for PMP customers in the Mid-South, Southeastern, and the Western US.

The company said in a statement on Tuesday that the acquisition provided it with the opportunity to expand westward. Neither the transaction value nor annual volumes were disclosed.

PMP is a steel trading and stocking distributor of pre-painted and coated coil steel goods with 30 years of presence in the region. Michigan-based Mill Steel has over 60 years of service experience and operations at five service centers that service the Alabama, Indiana, Michigan, and Texas areas.

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