19 Jun 2017 -
Metals entrepreneur Sanjeev Gupta and his Liberty House Group reportedly are making a rescue bid for an ailing bar and beam producer in the U.K.
16 Jun 2017 -
ArcelorMittal and partner Marcegaglia said on Friday that they have reached a binding agreement with the Italian government on a plan to acquire ILVA.
09 Jun 2017 -
A Canadian judge approved Stelco’s restructuring plan and sale to U.S. investment firm Bedrock Industries Group on Friday, a decision that will allow the steelmaker to emerge from creditor protection as a standalone business.
07 Jun 2017 -
Members of the United Steelworkers union have accepted a new labor deal with the buyer of Canada’s Stelco, clearing the way for it to emerge from creditor protection.
06 Jun 2017 -
A consortium led by ArcelorMittal has won the right to acquire Italy’s ILVA and its Taranto works, Europe’s largest steel facility.
02 Jun 2017 -
Sandvik is divesting Sandvik Process Systems, its industrial process equipment business, to FAM AB for about US$579.2 million, the company has announced.
31 May 2017 -
A steel producer and a private equity firm have submitted final bids for Australia’s Arrium Ltd., which collapsed into administration last year, according to the Reuters news agency.
30 May 2017 -
ArcelorMittal and steel re-roller Marcegaglia have been named the preferred bidders for Italy’s ILVA steel works, reports the (London) Financial Times.
26 May 2017 -
U.S. Tsubaki Power Transmission LLC has announced that Tsubaki of Canada Ltd. has acquired a British Columbia-based maker of sprockets and drive components.
24 May 2017 -
U.S-based Praxair Inc. and Germany’s Linde AG have reached an agreement in principle to merge through an all-stock deal, creating the world’s largest industrial gases supplier.