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Mergers & Acquisitions

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

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SDI to Acquire Minority Interest in New Process Steel

18 Oct 2021 - Steel Dynamics Inc. (SDI) announced in a press release that it has entered into an agreement to acquire a 45% minority interest in Houston, Texas, USA-based metals solutions provider New Process Steel L.P.

Tenaris Closes In on US$15 Million Sale of Nebraska Plant

18 Oct 2021 - Tenaris announced last week that its Geneva, Neb., USA, structural pipe plant will be sold to MKK USA Inc. for a price tag of US$15 million.

ArcelorMittal Acquires Pipe and Coating Mill in UAE

14 Oct 2021 - According to reports, ArcelorMittal Projects, a unit of the ArcelorMittal Group, is set to acquire a pipe and coating mill as well as more than 1 million square feet of land in the Hamriyah Free Zone Authority, Sharjah, United Arab Emirates.

Cleveland-Cliffs Announces Acquisition of Scrap Business

11 Oct 2021 - Cleveland-Cliffs Inc. announced today in a press release that it has entered into a definitive agreement to acquire Detroit, Mich., USA-based Ferrous Processing and Trading Co. (FPT), for approximately US$775 million.

Nucor Fastener Acquires Coil Processing Facility

06 Oct 2021 - Nucor Corp. announced today that its Nucor Fastener division is expanding with the acquisition of a state-of-the-art coil processing facility in Shelbyville, Ind., USA.

Regal Merges With Rexnord PMC

05 Oct 2021 - Electric motors, controls and power generation products provider Regal Beloit Corp. announced today it has completed its merger with Rexnord Process and Motion Control (PMC) to form Regal Rexnord Corp.

Nucor Affiliates Announce Acquisitions

04 Oct 2021 - In a press release Friday, Nucor Corp. announced acquisitions of recycling locations on behalf of The David J. Joseph Co., which represent a 10% growth in capacity.

Olympic Steel Announces New Acquisition

04 Oct 2021 - Olympic Steel announced Friday that it has acquired the assets of Shaw Stainless & Alloy Inc.

Arvedi Set to Purchase Acciai Speciali Terni

16 Sep 2021 - thyssenkrupp announced today its plans to sell its stainless unit Acciai Speciali Terni (AST), including its sales organization in Europe, to Italy’s Arvedi, according to S&P Global Platts.

Specialty Metals Processing Joins Ryerson Family of Companies

09 Sep 2021 - Ryerson Holding Corp. this week announced it has acquired Ohio-based toll processor Specialty Metals Processing (SMP).

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