Steel Roofing Market
March 2023
Flack Global Metals (FGM) intends to acquire original equipment manufacturers (OEMs) of steel and aluminium and incorporate its hedging model into those businesses in an attempt to speed up the financial tool's adoption in the US.
FGM, a service centre located in Scottsdale, Arizona, created a third pillar of the company especially for this reason. This plan includes the company's acquisition on February 27 of Fabral, a manufacturer of metal wall and roofing systems. FGM is split into three business segments: its distribution division, Flack Metal Bank, and Flack Manufacturing Investments (FMI), which completed the Fabral acquisition. FGM primarily offers fixed prices to its clients through steel, scrap, and aluminium futures.
FMI intends to concentrate on investing in steel and aluminium OEMs through both control and non-control means, with the goal of closing more deals this yearA vast range of metal products, such as stainless-steel products, aluminium, as well as bare and acrylic-coated galvanised and galvalume, and bare aluminium, will be provided by FGM Houston.
September 2023
Two brand-new Unified Steel Stone Coated Roofing colours have just been released by Westlake Royal Roofing Solutions, the industry leader in long-lasting and energy-efficient roofing systems and components (CRRC). The PINE-CREST Shake and PACIFIC tile profiles come in the two new colours, Harborwood and Stirling Grey.
Stone-coated steel roofing options with the new Unified Steel CRRC-rated colours offer high solar reflectivity and high thermal emittance when solar energy strikes the roof surface. As a result, they block out sunlight and release heat onto the roof's surface.
December 2023: SSAB, a Swedish steel producer, announced that it had developed a new type of steel roofing that is made from 90% recycled content. This new product is expected to be more sustainable and environmentally friendly than traditional steel roofing products.
October 2023: Nucor Corporation, a leading US steel producer, announced that it would be investing $1.2 billion to expand its steel production capacity. This expansion is expected to benefit the steel roofing market by increasing the availability of steel.
The key players of the steel roofing market areÂ
- Fletcher steel limitedÂ
- Fabral
- Corner stone building brandsÂ
- BilkaÂ
- Tata steel euroep ltdÂ
- CertaineedÂ
- Atas internationalÂ
- EDCO productsÂ
- Chief industriesÂ
- Mcelroy metalsÂ
- Nucor building systemsÂ
- Ideal roofingÂ
- Safal groupÂ
- Kingspan groupÂ
