Olympic Steel Acquires Central Tube & Bar

CLEVELAND--(BUSINESS WIRE)--Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that it has acquired Central Tube & Bar (CTB). The all-cash purchase is expected to be immediately accretive. Terms were not disclosed. CTB was founded in 1996 and serves large original equipment manufacturers (OEMs) and fabricators across the Mid-South from three facilities in Conway, Arkansas, and Tulsa, Oklahoma, totaling 162,000 square feet of warehouse and production