Russel Metals closed its $102 million acquisition of seven service centers from Kloeckner Metals Corporation on January 2, 2026. The facilities span strategic United States locations including Dubuque, Charlotte, Suwanee, Houston, Austin, Jacksonville, & Pompano Beach. President & CEO John Reid emphasized expanding the company's US footprint in key geographic areas while welcoming Kloeckner employees to the Russel family. The transaction, subject to standard working capital adjustments, positions Russel Metals to serve growing Sun Belt & Southeast markets experiencing robust construction activity, manufacturing investment, & demographic growth. Integration success will determine whether anticipated synergies in purchasing, operations, & customer service materialize into enhanced profitability & competitive positioning.