Steel Mills
March 3, 2023
Ryerson Acquires BLP Holdings
Written by Becca Moczygemba
Ryerson has acquired metals processor and distributor BLP Holdings LLC (BLP).
BLP consists of three Houston-based companies: Absolute Metal Products, Metal Cutting Specialists, and Houston Water Jet.
Terms of the deal were not disclosed.
“BLP and its divisions offer advanced processing solutions aligned with our commitment to growing our high-margin, value-added business,” said Alan Singleton, president of Ryerson’s West Region
Absolute Metal Products operates two burning tables more than 90 feet long, sub-arc welders, a full beam line, and pipe and vessel profiling. Some of Absolute’s services include plate processing, plate rolling and code welding, structural profiling, and machining.
Similarly, Metal Cutting Specialists can process structural steel shapes up to a 48-inch width, as well as plate sawing, and pipe and vessel profiling. Additionally, the company operates a band mill that has notching and shaping capabilities, as well as cutting rings and forgings.
Houston Water Jet is known for its precision cutting of various materials for industries such as oil and gas, aerospace, and architectural.
Ryerson has announced several acquisitions over the last year, including Howard Precision Metals, Excelsior, Apogee Steel Fabrication, and Ford Tool Steels.
By Becca Moczygemba, becca@steelmarketupdate.com
