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Mergers & Acquisitions

Who's buying and who's selling iron and steel assets.

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Doedijns Group Acquires U.S. Hydraulic Equipment Maintenance Business

18 Aug 2017 - Alabama-based Hadco Services Inc., which specializes in hydraulic equipment repair and maintenance, has been acquired by Logan Industries International Corp., the U.S. subsidiary of Doedijns Group International (DGI). 

Nucor Grows Bar Processing Capabilities Through Acquisition

14 Aug 2017 - Nucor Corp. is acquiring approximately 200,000 tons of additional cold-finished bar capacity, the company has announced.

Tata Steel Reportedly Preparing to Announce Deal on U.K. Pension Plan

09 Aug 2017 - Tata Steel and U.K. officials are hoping to announce on Friday that they’ve reached a deal to separate Tata Steel from its legacy British Steel pension fund, a move that would potentially allow the company to combine its European strip business with thyssenkrupp AG's steel division.  

Tata Steel Completes Sale of U.K. Pipe Mills

02 Aug 2017 - Liberty House Group has finalized its acquisition of two large-diameter pipe mills in the U.K. the company has announced. 

thyssenkrupp Forms an Alternative to Tata Steel Europe Combination

02 Aug 2017 - thyssenkrupp is developing a Plan B to a proposed joint venture for its steel operations, reports the Bloomberg news service. 

Old Port Poses An Obstacle to Wire Rod Mill Restart

28 Jul 2017 - Steel entrepreneur Sanjeev Gupta and his Liberty House Group are counting on using an aging port along the coast of South Carolina to serve a wire rod mil it hopes to acquire from ArcelorMittal and restart. 

Report: thyssenkrupp CEO Wants Tata Deal By September

26 Jul 2017 - thyssenkrupp chief executive Heinrich Hiesinger is looking to strike a deal on merging the company’s steelmaking operations with Tata Steel’s European strip business by September, according to the Reuters news service. 

New Owner of Australian Steel Works Promises Big Investment

19 Jul 2017 - Steel entrepreneur Sanjeev Gupta said he and his family plan to invest nearly US$780 million in Australia’s integrated Whyalla steel works, according to reports. 

Welded Tube Manufacturer Acquiring Ohio Company

17 Jul 2017 - Ohio-based Phillips Tube Group is acquiring another Ohio welded tube manufacturer and consolidating operations into its current facilities, reports The (Lisbon, Ohio) Morning Journal.

Report: No Deal Yet on Closed Wire Rod Mill Acquisition

11 Jul 2017 - The sale of an American wire rod mill remains on hold while the buyer continues to seek financial incentives from the state of South Carolina, reports The (Charleston, S.C.) Post and Courier. 

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