Mergers & Acquisitions
Who's buying and who's selling iron and steel assets.
Latest News
All Assets of ISB Acquired by Wintriss Controls Group
13 January 2026 - Wintriss Controls Group LLC announced it has acquired all assets of ISB in Montreal, Que., Canada, as of 1 October 2025, forming a new company named Wintriss Controls Group ULC, DBA Wintriss ISB.
U. S. Steel Property Holdings Acquires US$275 Million UPI Plant Property
08 January 2026 - United States Steel Property Holdings has acquired the former USS-POSCO Industries (UPI) site in Pittsburg, Ca., USA, for US$275 million, reported the East Bay Times.
BlueScope Rejects Takeover Bid From SGH, Steel Dynamics
07 January 2026 - Australia's BlueScope Steel Ltd. has rejected a takeover bid from a consortium that includes SGH Ltd. and Steel Dynamics Inc.
Russel Metals Closes US$102 Million Acquisition of U.S. Service Centers
06 January 2026 - Russel Metals announced it has acquired seven service centers in the U.S. from Kloeckner Metals Corp. for US$102 million.
SMS group Acquires Metso’s Ferrous Technologies
05 January 2026 - SMS group has completed its acquisition of Metso Corp.'s ferrous business, it said on Monday.
BlueScope Confirms Receipt of Bid to Acquire All Shares
05 January 2026 - BlueScope has confirmed it received an unsolicited bid from an Australian and U.S. consortium to purchase all shares in BlueScope for US$30.00 cash per share.
Metinvest Acquires ArcelorMittal Tubular Products Iași
17 December 2025 - Romanian pipe plant ArcelorMittal Tubular Products Iași has been purchased by Metinvest, the company announced.
Worthington Steel in Talks to Acquire Klöckner & Co.
08 December 2025 - Worthington Steel Inc. confirmed it is in negotiations with German steel distributor Klöckner & Co. SE for a potential acquisition of the company.
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.
