05 Dec 2019 - Iron ore producer Vale plans to withdraw from its steel plant joint ventures in Brazil, choosing instead to focus on its mining operations, reports news and commodities pricing service S&P Global Platts.
03 Dec 2019 - Iron ore miner Cleveland-Cliffs Inc. is moving to vertically integrate and enter the steelmaking business, reaching a deal to acquire AK Steel Corp. for approximately US$1.1 billion in stock.
02 Dec 2019 - Gerdau S.A. has further expanded its reach in Brazil with the purchase a majority stake in Siderurgica Latino Americana S.A. (SILAT), the steelmaker announced last week.
22 Nov 2019 - Unimacts, a Boston, Mass.-based contract fabricator, has acquired a solar tracking components facility in Mexico.
19 Nov 2019 - JFE Steel is acquiring a 50% ownership stake in a Chinese special bar producer, giving it an additional foothold in China’s automotive market.
18 Nov 2019 - With a few conditions, ArcelorMittal reportedly would be willing to re-commit to its agreement to buy Italy’s Ilva and its Taranto works, according to the Reuters news service.
15 Nov 2019 - ArcelorMittal expects to soon plant a flag in India after the country’s Supreme Court paved the way for it complete its planned acquisition of Essar Steel India Ltd.
14 Nov 2019 - ArcelorMittal has begun the effort to withdraw from its acquisition of Italy’s Ilva steel works, filing suit in a Milan court, reports the Italian news service ANSA.
13 Nov 2019 - China’s Jingye Group has struck an agreement to acquire long steel manufacturer British Steel Ltd., ending months of uncertainty about its future.
07 Nov 2019 - Italian Prime Minister Giuseppe Conte said he will not allow the world’s largest steelmaker to walk away from its agreement to acquire the country’s largest steel works and promised a vigorous court fight if it does.