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Mergers & Acquisitions

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

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SDI Expands Downstream Operations Through US$134M Deal

04 Feb 2019 - Steel Dynamics Inc. (SDI) is acquiring a majority stake in coated sheet distributor United Steel Supply for US$134 million in cash and debt, the company has announced. 

Acquisition Expand AZZ's Network of Galvanizing Shops

04 Feb 2019 - Fabricated products galvanizer AZZ Inc. has reached a preliminary agreement to acquire Tennessee Galvanizing Inc. and its four galvanizing lines for an undisclosed amount, the company said on Monday.  

Acquisition Expands Fives Processing Line Equipment Know-How

21 Jan 2019 - French industrial machine builder Fives has acquired the cold rolling and strip processing lines business of Spain’s RDI-Met, the company has said.

GFG Alliance Plans to Boost Steel Production in U.S.

16 Jan 2019 - GFG Alliance executive chairman Sanjeev Gupta said his company is considering plans to increase liquid steel production at its newly acquired Illinois wire rod mill and its restarted South Carolina facility. 

European Commission Sets April Deadline for Review of Tata-thyssenkrupp Joint Venture

15 Jan 2019 - European Union competition regulators have extended the timeframe in which they expect to complete a review of Tata Steel and thyssenkrupp’s planned European joint venture, news and commodities pricing service S&P Global Platts reports. 

GFG Alliance Completes Deal for U.S. Wire Rod Manufacturer

03 Jan 2019 - GFG Alliance has finalized its US$320 million acquisition of Keystone Consolidated Industries (KCI), a move that will help clear the way for a planned initial public offering, the company has announced.

Olympic Steel Expands Into Product Manufacturing Through Acquisition

03 Jan 2019 - Ohio-based service center Olympic Steel Inc. has acquired McCullough Industries Inc., a maker of branded self-dumping hoppers, through an all-cash deal, the company has announced.

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