# Mill Steel Co. acquires Cleveland Metal Exchange and Chicago Stainless Metal Exchange

Mill Steel Co. acquired Cleveland Metal Exchange and Chicago Stainless Metal Exchange to expand into flat-rolled stainless steel and aluminum markets. The transaction closed on January 18, 2023; terms were not disclosed.

- Type: Acquisition
- Announced: 2022-11-18
- Where: United States
- Status: completed
- Products: flat-rolled stainless steel, flat-rolled aluminum
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Mill Steel Co.](https://endata.com/companies/25024.md) (acquirer)
- [Cleveland Metal Exchange](https://endata.com/companies/66735.md) (target)
- [Chicago Stainless Metal Exchange](https://endata.com/companies/66736.md) (target)

## Sources

- [modernmetals.com](https://www.modernmetals.com/17171-mill-steel-co-now-offers-stainless-steel-and-aluminum-products.html), 2022-11-18: "We are thrilled to be entering the stainless and aluminum industry."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
