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Assets For Sale

Here’s who has been put on the sales block.

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Potential Buyers Lining Up to Acquire British Steel 

08 Jul 2019 - The court-appointed receiver overseeing the sale of British Steel says there are several viable offers for the business, but that a sale likely will take some time to complete, reports The Guardian newspaper. 

Liberty Finalizes Acquisition of European Mills

02 Jul 2019 - Sanjeev Gupta’s Liberty Steel has closed on its EUR740 million acquisition of several ArcelorMittal Europe steel plants, completing a deal that establishes Liberty as one of the biggest steelmakers in the continent.

Investors Look to Revive Former U. S. Steel Tube Mill

02 Jul 2019 - A group of investors has acquired a dormant tube mill in Bellville, Texas, and plan to resume production in the third quarter of this year.

ATI Divests Indiana, Kentucky Forges

04 Jun 2019 - Allegheny Technologies Inc. has sold two closed-die forging facilities to a Chicago private equity firm for US$37 million in cash, the company said.

Early Interest in British Steel Buoys Hopes  

28 May 2019 - Potential buyers are kicking the tires on British Steel, giving some hope that the U.K. long products maker might be saved. 

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