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Mergers & Acquisitions
Who's buying and who's selling iron and steel assets.
Latest News
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.
British Ministers: Steel Industry Essential to National Security, Move to Nationalize British Steel
02 April 2026 - British Ministers paved the way to nationalize British Steel last week when it initiated efforts to establish the steel industry as essential to national security; alternatively, it could set the company’s owner, Jingye, a deadline for a deal to close, reported the Guardian.
Tenaris Completes Acquisition of AllTorque’s Oilfield Division
26 March 2026 - Tenaris has acquired AllTorque’s oilfield division, an original equipment manufacturer recognized for its tubular running technology, the company announced.
Nippon Steel Obtains 900 Billion Yen for U. S. Steel Acquisition
20 March 2026 - Nippon Steel announced it has secured loans of 900 billion yen from the Japanese Bank for International Cooperation (JBIC) and other Japanese lenders to go toward its acquisition of United States Steel Corporation.
Klöckner & Co SE Management, Supervisory Boards Back Amended Worthington Steel Acquisition Offer
13 March 2026 - Klöckner & Co SE’s management and supervisory boards announced their continued support of Worthington Steel Inc.’s takeover offer after they lowered the minimum acceptance threshold.
