BGL Managing Director Vince Pappalardo, who leads the firm’s activities in Metals & Advanced Metals Manufacturing, is quoted in an article published by Fastmarkets entitled, “Reliance acquires Mid-West Materials; continues consolidation of metal services.”
The article discusses the continued consolidation across the metals value chain. The recent sale of MidWest Materials to Reliance, Inc. and the acquisitions by Ryerson and Olympic Steel point to downstream consolidation while big metal services providers tap cash from earnings to improve margins.
For all of Vince’s insights, read the complete article on the Fastmarkets website (subscription required).