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Mergers & Acquisitions

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

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Worthington Industries Acquires Cleveland Facility

08 Oct 2019 - Worthington Industries Acquires Cleveland Facility

Siemens Sells Stake in Primetals Technologies

03 Oct 2019 - Mitsubishi-Hitachi Metals Machinery is buying out its joint-venture partner in Primetals Technologies, the parent companies have announced.

U. S. Steel Announces Plan to Acquire Big River Steel

01 Oct 2019 - United States Steel Corporation is acquiring a stake in Arkansas-based Big River Steel for US$700 million in cash and will look to buy the rest of the business sometime in the next few years, the company announced Tuesday morning. 

Timken to Acquire BEKA Lubrication

17 Sep 2019 - The Timken Co. has reached an agreement to acquire automatic lubrication systems manufacturer BEKA Lubrication for approximately US$165 million in cash and debt, Timken said on Monday.

Triple-S Steel Buys Shamrock Steel to Expand Customer Base

12 Sep 2019 - Houston-based structural steel supplier and fabricator Triple-S Steel Holdings Inc. has acquired the assets of Shamrock Steel Sales for an undisclosed amount.

O’Neal Industries Acquires Tubing Manufacturer

11 Sep 2019 - Service center operator and components maker O’Neal Industries Inc., has acquired the assets of a specialty tube maker for an undisclosed amount.

Alton Steel Transfers Ownership to Employee Stock Plan

28 Aug 2019 - Illinois-based bar manufacturer Alton Steel Inc. has been sold to its 50 full-time salaried employees by way of an employee stock ownership plan, the company has announced.

ArcelorMittal Acquires Canadian Scrapper

28 Aug 2019 - ArcelorMittal’s Canadian long products division is acquiring the assets of Quebec scrap recycler Legault Métal Inc. for an undisclosed amount.

thyssenkrupp Appeals Decision on Blocked Joint Venture

22 Aug 2019 - thyssenkrupp is challenging an EU decision to block the planned merger of its steelmaking unit with Tata Steel's European strip business.

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