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Ranger Steel Acquires Steel Operation of Nance Steel Sales, Inc

Houston, TX, October 19, 2023 – Claus Gundlach, CEO of Ranger Steel Services, LP (Ranger Steel) headquartered in Houston, Texas, and Joel Elbaum, President of Nance Steel Sales, Inc., (Nance) headquartered in Detroit, Michigan, are pleased to announce the acquisition of the steel operation of Nance by Ranger. The new alliance entity, Nance Steel Sales, LLC, will be headquartered in Houston, TX and begin operations effective February 1, 2024. Nance will continue to maintain an office in the Detroit area along with the entire team remaining in place.

Nance is a very unique distributor, specializing in heavy plate, that began operations in 1971. Over 52 years, Nance earned its nationwide reputation to be the reliable heavy plate distributor in the US with stocking locations in Detroit, Chicago, East Liverpool, and Houston.

Ranger Steel, founded in 1958, is headquartered in Houston, TX, and has inventory locations in Houston, Tulsa, Fort Worth, and the Los Angeles Basin. Ranger Steel evolved over 65 years to become the largest privately owned steel plate distributor in North America.

The synergy created by further perfecting the product ranges offered by both Nance and Ranger Steel, coupled with the additional yard locations nationwide, will only serve to enhance opportunities to our mutual clientele.

Ranger Steel Names Claus Gundlach CEO

Photo of Cluas GundlachHouston, TX, January 11, 2019 – Ranger Steel Services, LP, the largest independent steel plate distributor in the United States, today announced that it is proud to welcome Claus Gundlach as its new Chief Executive Officer effective February 1.

Mr. Gundlach brings with him approximately 40 years of experience in the steel industry. He spent 20 years with Kloeckner & Co International Trading and Kloeckner Steel Trade where he was responsible for the North America region. He served his final five years at Kloeckner as President. Upon Kloeckner’s takeover by Balli Trading London in 2000, Mr. Gundlach became President of Salzgitter Mannesmann Int’l USA, a position he held until his resignation in January 2019 to become CEO of Ranger Steel Services, LP.

His familiarity and professional relationship with Ranger Steel, as well as both Roy and Ron Whitley, spans decades and is inclusive of numerous business deals they consummated together.

Ranger Steel Services, LP is pleased and feels it a privilege to have Mr. Gundlach bring his experience and knowledge of the steel industry to lead our experienced team in continuing to deliver competitively priced steel plate to our customers when and where they need it.

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