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Mergers & Acquisitions

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

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Nucor Expands Construction Products Business Through US$3 Billion Acquisition

16 May 2022 - Nucor Corp. announced today it has entered into an agreement to acquire residential and commercial overhead door maker C.H.I. Overhead Doors (C.H.I.) in a cash deal valued at US$3 billion.

SDI to Acquire Mexican Scrap Recycler

16 May 2022 - Steel Dynamics Inc. today announced it has entered into an agreement to acquire the equity interest of scrap metals recycling business ROCA ACERO S.A. de C.V. ("ROCA"), based in Monterrey, Mexico.

Al Tanmiya Sells Iraqi Steel Plant

27 Apr 2022 - Jordan's Al Tanmiya Steel has completed the sale of its steel operations in Al-Zubair, Basra, Iraq, for US$195 million, according to Iraq-Business News.

ArcelorMittal Acquires Majority Stake in voestalpine’s Texas HBI Plant

14 Apr 2022 - Luxembourg-based steelmaker ArcelorMittal announced today it has acquired an 80% stake in voestalpine’s hot briquetted iron (HBI) facility in Corpus Christi, Texas, USA.

BlueScope Expands Painting Operations With Acquisition of Coil Coatings

11 Apr 2022 - The company announced today that it has entered into an agreement to acquire Coil Coatings, the second largest metal painter in the U.S., from Cornerstone Building Brands Inc. for US$500 million.

New Acquisition Expands Nucor’s Steel Racking Offerings

05 Apr 2022 - The steelmaker announced today that it has acquired Elite Storage Solutions, a steel racking manufacturer with locations in Georgia and Arizona, for US$75 million.

Nippon Steel Acquires Majority Stakes in Thai Steelmakers

05 Apr 2022 - Nippon Steel has acquired majority stakes in two steelmakers in Thailand, G Steel PCL and G J PCL, the company announced Monday.

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