Steel News

Danieli Corus Acquires NewFer

04 December 2025 - Danieli Corus B.V. and NewFer GmbH have signed an agreement in which NewFer will become a full Danieli Corus subsidiary, renamed Danieli NewFer GmbH, effective 1 December 2025.

Steel Distributor Lays Bet on Steel-Framed Houses

03 December 2025 - Flat-rolled steel processor and distributor Majestic Steel USA has made a strategic investment in a recently reorganized manufacturer of steel-framed modular homes.

UCC Environmental Expands Wear Solutions Through Acquisition

14 November 2025 - Illinois-based UCC Environmental has acquired a Canadian manufacturer of wear-resistant metallic cladding for steel plate and pipe.

Tenaris Bolts on Scrap Yard to Pennsylvania Mill

14 November 2025 - Tenaris has acquired a western Pennsylvania scrap yard that sits next to its Koppel steelmaking plant in Beaver County.

BlueScope Steel Divests Stake in Indian Coatings Business

13 November 2025 - BlueScope Steel is exiting its Indian steel coating joint venture, agreeing to sell its 50% stake to partner Tata Steel.

U. S. Steel Outlines US$11 Billion Capital Investment Program

05 November 2025 - United States Steel Corporation is planning to build a new hot strip mill at its Edgar Thomson plant, reline the No. 14 Gary Works blast furnace and construct a direct reduction plant as part of parent Nippon Steel’s promised US$11 billion investment in the business.

Ryerson, Olympic Steel Announce Merger Agreement

29 October 2025 - U.S. metals service center Olympic Steel Inc. will merge with Ryerson Holding Corp. in a deal that will create the second-largest metals service center in North America.

thyssenkrupp Steel Stakeholder Ends Joint Venture Talks

08 October 2025 - Czech billionaire Daniel Křetínský has ended discussions with thyssenkrupp AG over a proposed 50-50 venture for its steel unit and is handing back the stake it already bought in the business, deferring to thyssenkrupp’s wishes to pursue a deal with Jindal Steel International.

thyssenkrupp Receives Nonbinding Bid for Its Steel Unit From Naveen Jindal Group

16 September 2025 - thyssenkrupp announced Tuesday it has received a nonbinding offer for its steel unit, thyssenkrupp Steel Europe (TKSE), from Naveen Jindal Group’s steel division, Jindal Steel International, reported Reuters.

BlueScope Browsing for Potential U.S. Cold Rolling Opportunities

21 August 2025 - North Star BlueScope Steel’s corporate parent is thinking about buying, rather than building, new sheet processing capabilities, chief executive officer Mark Vassella told The Wall Street Journal during an interview.

Steel Dynamics to Fully Acquire New Process Steel

19 August 2025 - After acquiring a minority stake in its largest flat-rolled customer more than three years ago, Steel Dynamics Inc. is buying the remaining equity interest in the business, the steelmaker said on Tuesday.

Danieli Acquires Portion of Novastilmec, Looks to Expand Business

18 August 2025 - Danilei announced it has reached a cooperation agreement to acquire 30% of Italian company Novastilmec in Garbagnate Monastero and expand the business.

Opta Group Acquires the m-tec Group

07 August 2025 - Supplier of performance materials and solutions in the molten metal, infrastructure and specialty chemical industries Opta Group LP, portfolio company of Speyside Equity Advisors, has acquired the m-tec Group in Wesel, Germany.

Metso to Evaluate Loading and Hauling Operations in Finland and Sweden

05 August 2025 - As part of Metso Corp.’s target to align with global businesses and have financial performance supporting its growth, it will review the future of its loading and hauling operations in Finland and Sweden.

Lincoln Electric Expands Maintenance and Repair Portfolio

04 August 2025 - Lincoln Electric Holdings Inc. has acquired full ownership in Australian wear products manufacturer Alloy Steel Australia (Int) Pty. Ltd.

BlueScope Leads Consortium to Participate in Whyalla Steelworks Sale Process

04 August 2025 - BlueScope announced that it has entered into a collaboration agreement with Nippon Steel Corp., JSW Steel Ltd. and POSCO to form a consortium to explore the possible options for the Whyalla Steelworks assets in Australia.

EVRAZ North America Receives New Leadership, and a New Name

31 July 2025 - The new owner of EVRAZ North America has hired a former United States Steel Corporation executive to lead the business, which has been renamed the Orion Steel Companies.

AFRY to Acquire Reta Engenharia

14 July 2025 - AFRY announced it has entered an agreement to acquire Brazilian company Rera Engenharia, a provider of comprehensive project and construction services with a strong presence in the mining and metals sector.

Sandvik Acquires Osa Demolition Equipment

01 July 2025 - Sandvik announced it has completed the acquisition of Italy-based manufacturer of demolition tools and hydraulic hammers, Osa Demolition Equipment S.r.I (OSA).

RHI Magnesita, BPI Inc. Partner to Accelerate Circular Economy and Sustainability

30 June 2025 - Refractories maker RHI Magnesita is acquiring a majority stake in BPI Inc., a Pittsburgh, Pa., USA-based minerals processor and supplier of refractory raw materials.