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Mergers & Acquisitions

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

Latest News

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 announced it has acquired Metso business units and technologies in Germany, India, China and Australia.

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.

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