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Mergers & Acquisitions

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

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Alabama Coke Plant Sold to Coal Mine Operator

08 Aug 2019 - Coal miner Bluestone Resources Inc. has acquired a 100-year-old Alabama merchant coke plant, saving a facility that was in danger of closing, it said in a statement.

AIC Buys Long Products Equipment Maker

30 Jul 2019 - Italian automation and robotics firm Automazioni Industriali Capitanio (AIC) has acquired the assets of an Italy-based manufacturer of long products hot rolling machines.

Tata Steel Not Seeking Partner for European Mills

18 Jul 2019 - After seeing its European venture with thyssenkrupp collapse, Tata Steel had hinted that it might look for a new partner. But a new agreement is apparently not in the cards at the moment, reports Indian financial website moneycontrol.com. 

Primetals Technologies to Acquire One of Its Suppliers

18 Jul 2019 - Mitsubishi Heavy Industries and Primetals Technologies are acquiring ABP Induction Systems, a manufacturer of induction furnaces and heating systems, for an undisclosed amount, the companies have announced. 

Nippon Steel Plans Divestments to Raise Cash

15 Jul 2019 - Japan’s Nippon Steel Corp. plans to sell off as much as US$1.85 billion worth of assets to help pay for its acquisition of Essar Steel in India and other things, reports The Nikkei Asian Review.

Mississippi Lime Expands Through Acquisition

08 Jul 2019 - Mississippi Lime Co. is acquiring a Calera, Ala., lime processing facility for US$135 million in cash.  

Liberty Finalizes Acquisition of European Mills

02 Jul 2019 - Sanjeev Gupta’s Liberty Steel has closed on its EUR740 million acquisition of several ArcelorMittal Europe steel plants, completing a deal that establishes Liberty as one of the biggest steelmakers in the continent.

Investors Look to Revive Former U. S. Steel Tube Mill

02 Jul 2019 - A group of investors has acquired a dormant tube mill in Bellville, Texas, and plan to resume production in the third quarter of this year.

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