Ryerson Holding Corporation has announced the acquisition of Production Metals, a distributor based in Monroe, Connecticut. This strategic move aims to enhance Ryerson's offerings of aluminum, stainless steel, and specialty steel products, particularly in the Northeastern United States.

Production Metals specializes in a range of steel products, including bars, tubes, sheets, and plates, and provides services such as precision sawing, lasering, and water jet cutting. Ryerson's President and CEO, Eddie Lehner, expressed enthusiasm for the acquisition, noting the alignment of Production Metals' service reputation with Ryerson's customer experience goals.

The specifics of the acquisition deal have not been disclosed, but it is expected to strengthen Ryerson's position in the market and improve its service capabilities.