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Mergers & Acquisitions

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

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Nucor to Acquire Steel Racking Manufacturer in US$370M Deal

20 Jul 2021 - Nucor Corp. is expanding its portfolio of downstream businesses, announcing Tuesday that it will acquire racking manufacturer U.S.-based Hannibal Industries for US$370 million. 

China Baowu Steel Could Grow Even Larger 

19 Jul 2021 - The world’s largest steel producer could reinforce its position through a potential acquisition of another Chinese producer, reports Nikkei Asia. 

American Zinc To Be Acquired Through US$450M Deal

17 Jun 2021 - Mill environmental services contractor American Zinc Recycling is being sold to Luxembourg-based Befesa S.A., giving it its first North America operation and a foothold in the growing EAF steelmaking market in United States.

Industry Services Expands Through Acquisition

15 Jun 2021 - Refractory maintenance contractor Industry Services Co. has acquired three U.S. and Canadian refractory and industrial maintenance services companies.  

Nucor Makes US$1B Acquisition in Construction Products Market   

07 Jun 2021 - Nucor Corp. is taking a bigger step into the downstream construction market, announcing Monday that it has an agreement to acquire Cornerstone Building Brands’ insulated metal panel (IMP) business for US$1 billion in cash. 

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