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Rapid Metals to liquidate after filing for bankruptcy | Crain's Detroit Business

Published: August 10, 2023

West Bloomfield Township-based Rapid Metals LLC has filed for Chapter 11 bankruptcy and is moving to liquidate with about $31 million in liabilities to creditors including steel giants Cleveland-Cliffs Inc., Algoma Steel Inc. and Nucor Corp.The local steel distributor, founded in 2004 by company…

Source: crainsdetroit.com

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