Steel News

Mergers & Acquisitions

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

Latest News

EU: No Competition Concerns With U. S. Steel-Nippon Steel Merger

06 May 2024 - The European Commission has approved Nippon Steel Corp.’s planned acquisition of United States Steel Corporation. 

U. S. Steel Completes Galvanizing Line; Nippon Steel Revises Sale Timeline

05 May 2024 - United States Steel Corporation’s Big River division has commissioned a dual galvanizing and Galvalume® line, the company said in announcing its first-quarter earnings. 

thyssenkrupp Sells Stake in Steel Unit

30 Apr 2024 -   thyssenkrupp AG is selling a 20% stake in its steel business to Czech billionaire Daniel Křetínský for an undisclosed amount, with the potential to acquire an additional 30%, the company has announced. 

Allied Mineral Products Expands North American Footprint Through Acquisition 

25 Apr 2024 - Refractories maker Allied Mineral Products has acquired Gemcast Manufacturing Inc., a producer of custom pre-cast shapes, gaskets and vacuum-formed products for the refractory industry, for an undisclosed amount. 

Biden Voices Support for U.S.-Made Steel

18 Apr 2024 - President Joe Biden on Wednesday backed raising tariffs on Chinese-made steel and aluminum and also suggested his administration would move to block the Nippon Steel acquisition of United States Steel Corporation.

U. S. Shareholders Say Yes to Nippon Steel Acquisition

15 Apr 2024 - United States Steel Corporation shareholders have voted in favor of Nippon Steel Corp.’s planned acquisition of the company, U. S. Steel as has announced. 

Report: Justice Department to Further Scrutinize Nippon Steel-U. S. Steel Deal 

11 Apr 2024 - The U.S. Justice Department has initiated an in-depth antitrust investigation of Nippon Steel’s planned acquisition of United States Steel Corporation, according to a report in Politico. 

Japan Prime Minister Hopes for Positive Outcome to U. S. Steel Acquisition 

10 Apr 2024 - Japan Prime Minister Fumio Kishida expressed hope Wednesday that the Nippon Steel acquisition of United States Steel Corporation will come to pass. 

  Nucor Grows Downstream Products Capabilities

04 Apr 2024 -   Nucor Corp. is expanding its downstream products footprint, acquiring Southwest Data Products Inc. (SWDP), a manufacturer and installer of data center infrastructure, for US$115 million.

RHI Magnesita to Expand U.S. Footprint Through Acquisition 

03 Apr 2024 - Refractories maker RHI Magnesita (RHIM) is acquiring U.S.-based Resco Group in a bid to expand its U.S. manufacturing footprint. 

News - 1 to 10 of 11

Skip to page number

View Steel News Archives