Steel News

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.

Atlas Holdings to Acquire EVRAZ North America

30 June 2025 - EVRAZ North America is being sold to a Connecticut-based private equity fund, ending three years of uncertainty around the steelmaker's future.

Swanson Industries Acquires TransAxle’s Off-Highway Business

27 June 2025 - Swanson Industries Inc., portfolio company of Turnspire Capital Partners LLC, announced it has acquired the off-highway business of TransAxle Holdings LLC.

Ascent Industries to Sell American Stainless Tubing

27 June 2025 - Specialty chemicals producer and distributor Ascent Industries Co. announced it has entered into an asset purchase agreement to sell its ornamental stainless steel tubing manufacturer subsidiary American Stainless Tubing LLC (ASTI) to First Tube LLC.

ANDRITZ to Complete Acquisition of Salico Group

26 June 2025 - ANDRITZ has signed an agreement to acquire Italy- and Spain-headquartered Salico Group, along with its subsidiaries in the U.K., U.S. and India.

ArcelorMittal Sells Operations in Bosnia and Herzegovina

20 June 2025 - ArcelorMittal announced today it has sold its integrated steel plant ArcelorMittal Zenica and iron ore mining business which supplies its Zenica plant ArcelorMittal Prijedor to Pavgord Group.