Mergers & Acquisitions
Who's buying and who's selling iron and steel assets.
Latest News
Official: Despite Opposition, Deal Between thyssenkrupp Management, Labor Over Tata Merger Is Attainable
04 October 2017 - The premier of thyssenkrupp’s home state, North Rhine-Westphalia in Germany, said he believes a deal between the company and its union employees could be reached over the proposed combination of its steel unit with Tata Steel, according to the Reuters news service.
Reliance Steel & Aluminum Expands Perforation Business Through Acquisition
03 October 2017 - Reliance Steel & Aluminum Co. has acquired Rhode Island-based Ferguson Perforating Co., a processor that specializes in producing highly engineered and complex perforated metals.
Cleveland-Cliffs Acquires Full Stake in Iron Ore Mine, Pellet Plant
02 October 2017 - Iron ore producer Cleveland-Cliffs Inc. has bought out its joint venture partner in a Michigan mine, the company said on Monday.
Report: In Tata-thyssenkrupp Combination, the Hammer Might Fall Hard on Port Talbot Works
02 October 2017 - As Tata Steel moves to combine its European strip operations with Germany’s thyssenkrupp, Tata’s integrated Port Talbot Works is likely to bear the brunt of cost reductions through the merger and in the event of an industry downturn, reports the Reuters news service.
Tata, thyssenkrupp Set Framework for Combining Steel Operations
20 September 2017 - Tata Steel and thyssenkrupp have signed a preliminary agreement to combine their European steel operations, creating a 50-50 joint venture that would be Europe’s second-largest steelmaker behind ArcelorMittal.
A Tata-thyseenkrupp Deal May – or May Not – Be Close
14 September 2017 - Now that Tata Steel has finalized the divorce between its European business and the legacy British Steel Pension Scheme, a deal to combine the operation with thyssenkrupp’s steel division may be close, according to the Reuters news service.
ArcelorMittal Appoints Leadership Team for Italy's Ilva
14 September 2017 - ArcelorMittal has named two executives to lead the facilities it is acquiring through its purchase of Italy’s Ilva.
Regulators Approve Tata Steel Pension Plan Divorce
11 September 2017 - U.K. officials have approved Tata Steel Europe’s plant to separate itself from its GBP15 billion British Steel pension plan, the steelmaker has announced.
Cargill Sells U.S. Service Centers
11 September 2017 - Cargill Inc. has agreed to sell its U.S. steel processing and distribution business to Japan’s Metal One Corp.
thyssenkrupp Shareholders Want a Tata Deal Done
08 September 2017 - thyssenkrupp shareholders would like to see the company combine its steel unit with Tata Steel’s European strip business by year’s end, reports the Reuters news service.
thyssenkrupp Finalizes Sale of Brazil Plant
07 September 2017 - thyssenkrupp has completed the sale of its CSA Siderúrgica do Atlântico mill in Brazil, bringing an official end to its North and South American steelmaking venture.
Commercial Metals Completes Divestment of Trading Unit
01 September 2017 - Commercial Metals Company has finalized the sale of its raw materials trading unit, CMC Cometals, the steelmaker has announced.
JSW Steel Looks At Foreign Investments
29 August 2017 - India’s JSW Steel plans to grow capacity to 40 million metric tons and is eyeing acquisitions at home and abroad, reports the PTI news agency.
List of Potential Essar Steel Investors Grows
28 August 2017 - The list of potential suitors for India’s Essar Steel is growing, according to Indian financial news portal moneycontrol.com
Japanese Rebar Makers Eye Combination
28 August 2017 - Two Japanese electric arc furnace producers plan to open merger talks, according to the Nikkei Asian Review.
Report: Two International Steelmakers Eyeing India's Essar Steel
23 August 2017 - Tata Steel and POSCO might be among the companies looking at acquiring debt-stricken Essar Steel, which is operating under Indian insolvency laws.
Doedijns Group Acquires U.S. Hydraulic Equipment Maintenance Business
18 August 2017 - Alabama-based Hadco Services Inc., which specializes in hydraulic equipment repair and maintenance, has been acquired by Logan Industries International Corp., the U.S. subsidiary of Doedijns Group International (DGI).
Nucor Grows Bar Processing Capabilities Through Acquisition
14 August 2017 - Nucor Corp. is acquiring approximately 200,000 tons of additional cold-finished bar capacity, the company has announced.
Tata Steel Reportedly Preparing to Announce Deal on U.K. Pension Plan
09 August 2017 - Tata Steel and U.K. officials are hoping to announce on Friday that they’ve reached a deal to separate Tata Steel from its legacy British Steel pension fund, a move that would potentially allow the company to combine its European strip business with thyssenkrupp AG's steel division.
Tata Steel Completes Sale of U.K. Pipe Mills
02 August 2017 - Liberty House Group has finalized its acquisition of two large-diameter pipe mills in the U.K. the company has announced.
