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Mergers & Acquisitions

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

Latest News

Atlas Tube, Maruichi USA to Form Joint Venture

05 June 2026 - Zekelman-owned company Atlas Tube announced it has agreed to form a joint venture with Maruichi USA.

Worthington Steel Acquires Kloeckner & Co., Intends to Launch Delisting Tender Offer

04 June 2026 - Worthington Steel Inc. announced it has successfully acquired Kloeckner & Co SE, securing about 62% of its outstanding shares and intending to launch a public delisting offer for the remaining shares.

Two Bidders Remain for Whyalla Steelworks

27 May 2026 - Only M Resources and Jindal Steel remain in the running for the purchase of Whyalla Steelworks, though BlueScope still has the right of last offer, announced South Australian Premier Peter Malinauskas, according to ABC.

Jindal, thyssenkrupp Halt Sale Talks

03 May 2026 - thyssenkrupp AG and Jindal International Steel have ended discussions on a sale of thyssenkrupp’s steel business to Jindal, saying that the conditions underpinning the initial talks have changed, and for the better.