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Mergers & Acquisitions

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

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Union Partners Acquires Tube Maker, Fabricator

04 Apr 2019 - Illinois-based metals investment firm Union Partners has acquired steel tubing producer and fabricator National Metalwares for an undisclosed amount, the firm announced Thursday.

Report: Tata, thyssenkrupp Offer List of Assets to Sell, Hope to Satisfy Competition Concerns

04 Apr 2019 - Tata Steel and thyssenkrupp are willing to divest assets in Belgium, Spain and the U.K. to win anti-trust approval for their proposed European int venture, reports the Bloomberg news service.

Tenaris Expands in U.S. Through US$1.2B Deal

22 Mar 2019 - Tenaris has signed an agreement to acquire PAO TMK’s North American pipe and tube business for US$1.2 billion.

CMC Sees Q2 Profits Increase; Eyes Investments in New Rebar Facilities

22 Mar 2019 - Scrapper and long steel manufacturer Commercial Metals Company saw its second-quarter profits rise despite lower scrap prices and shipments, the company reported.

Report: Tata Proposes Divestiture to Win OK for thyssenkrupp European Joint Venture

21 Mar 2019 - Tata Steel reportedly is willing to sacrifice parts of its steel packaging operations in Europe to gain regulatory approval for its planned joint venture with thyssenkrupp, reports the Reuters news service.

Steel Dynamics Finalizes Buy-In of Galvalume Distributor

07 Mar 2019 - Steel Dynamics Inc. has finalized its acquisition of a majority stake in a Texas-based distributor of Galvalume.

These Two Chinese Steelmakers Won't Be Tying the Knot

06 Mar 2019 - Chinese steelmaking rivals Benxi Steel Group and Ansteel Group reportedly have stopped talks on a merger that was proposed as far back as 2005, according to reports.

Investment Firm Discussing Acquisition of Canadian Pellet Plant, Steelworkers Say

22 Feb 2019 - The United Steelworkers union and New York investment firm Bedrock Industries have agreed to open contract talks as Bedrock looks to restart a long-idled iron ore pellet plant in Canada.

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