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Essar Steel Attracts Offer from World's Leading Steel Producer

12 Feb 2018 - ArcelorMittal has laid an offer on the table for distressed flat-rolled producer Essar Steel India, the company disclosed on Monday. 

Report: ArcelorMittal Divests Stake in Indian Steelmaker

07 Feb 2018 - ArcelorMittal is cashing out its stake in India’s Uttam Galva, freeing it to bid on troubled steel assets elsewhere in the country, reports India’s Business Standard.

Gerdau Reaches Deal to Sell Texas Mill

31 Jan 2018 - Looking to focus more on its value-added business, Gerdau SA said Wednesday that it is divesting its Beaumont, Texas, USA, wire rod mill and two downstream facilities.

Swiss Steelmaker Makes Prevailing Offer for Troubled French Company

29 Jan 2018 - A Swiss specialty long steel manufacturer has been named the preferred bidder for France’s Ascometal, according to the Reuters news service. 

Offers for Bhushan Steel Stack Up

19 Jan 2018 - The interest in India’s ailing Bhushan Steel Ltd. appears to be piling up. 

Canadian Bar Maker Put Up for Sale, Faces Potential Liquidation

18 Jan 2018 - Canadian special bar quality manufacturer Hamilton Specialty Bar (2007) Inc. was officially put up for sale on Thursday after one of its lenders called a CDN$27.5 million loan and forced it into receivership earlier this month. 

Report: SAIL, ArcelorMittal Consider Joint Offer for Indebted Steelmaker

09 Jan 2018 - ArcelorMittal and the Steel Authority of India Ltd. (SAIL) reportedly are weighing a joint bid for India’s Bhushan Steel, which was forced into insolvency proceedings last year, reports financial portal moneycontrol.com. 

GFG Alliance Acquires Australian Coking Coal Mine

02 Jan 2018 - The family-owned company that acquired Australia’s Whyalla steel works last summer has a deal to buy a metallurgical coal mine that supplies it. 

Investment Firm Acquires Steel Technical Center

27 Dec 2017 - An investment firm that owns metals and logistics businesses has acquired Heidtman Steel’s automotive steel technical center for an undisclosed amount.

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