Steel Products Prices North America
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Strategic Acquisition Expands AZZ's Coatings Capabilities into the Southeast
Written by Tim Triplett
January 3, 2022
AZZ Inc., Fort Worth, Texas, has acquired Steel Creek Galvanizing Co., a privately held hot-dip galvanizer based in Blacksburg, S.C., extending AZZ’s reach into the southeastern U.S.
The new galvanizing facility – which will operate as AZZ Galvanizing-South Carolina – will be integrated into AZZ’s existing network of hot-dip galvanizing plants, increasing its total galvanizing network to 40 sites in North America.
Steel Creek provides hot-dip galvanizing to customers in the Southeast from its 83,000-square-foot facility, which houses one of the largest galvanizing kettles in the U.S. With a 25-ton crane system and a 55-foot-long kettle, Steel Creek has the capability to galvanize the largest steel structures needed to support critical infrastructure, the company said. Steel Creek’s strategic location allows it to serve key markets in the Southeast, including Charlotte, Greenville, Spartanburg, Asheville, Columbia, Greensboro and Atlanta.
Steel Creek’s business practices also demonstrate a commitment to sustainability, AZZ said, including the company’s investments in environmentally friendly equipment.
Terms of the transaction were not disclosed.
By Tim Triplett, Tim@SteelMarketUpdate.com
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Tim Triplett
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Nucor pushes HR spot price to $790/ton
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $790 per short ton (st) on Monday, Feb. 10 – a $15/st bump vs. last week. The Charlotte, N.C.-based company has raised its weekly CSP by $40/st over the past three weeks after maintaining tags at $750/st since Nov. 12, according to SMU’s […]
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Nucor raises HR spot price to $775/ton
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Nucor raises HR spot price to $760/ton
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