Mergers & Acquisitions
Who's buying and who's selling iron and steel assets.
Latest News
Nucor Fastener Acquires Coil Processing Facility
06 October 2021 - Nucor Corp. announced today that its Nucor Fastener division is expanding with the acquisition of a state-of-the-art coil processing facility in Shelbyville, Ind., USA.
Regal Merges With Rexnord PMC
05 October 2021 - Electric motors, controls and power generation products provider Regal Beloit Corp. announced today it has completed its merger with Rexnord Process and Motion Control (PMC) to form Regal Rexnord Corp.
Nucor Affiliates Announce Acquisitions
04 October 2021 - In a press release Friday, Nucor Corp. announced acquisitions of recycling locations on behalf of The David J. Joseph Co., which represent a 10% growth in capacity.
Olympic Steel Announces New Acquisition
04 October 2021 - Olympic Steel announced Friday that it has acquired the assets of Shaw Stainless & Alloy Inc.
Arvedi Set to Purchase Acciai Speciali Terni
16 September 2021 - thyssenkrupp announced today its plans to sell its stainless unit Acciai Speciali Terni (AST), including its sales organization in Europe, to Italy’s Arvedi, according to S&P Global Platts.
Specialty Metals Processing Joins Ryerson Family of Companies
09 September 2021 - Ryerson Holding Corp. this week announced it has acquired Ohio-based toll processor Specialty Metals Processing (SMP).
SKF Acquires Rubico Consulting AB
07 September 2021 - SKF announced today that they have completed their acquisition of Rubico Consulting AB, an industrial consultancy firm.
Nucor Brings Steel Racking Maker Into the Fold
24 August 2021 - Nucor Corp. has finalized its US$370 million acquisition of steel racking maker Hannibal Industries, the steelmaker announced on Monday.
New Chinese Merger Creates Third-Largest Steelmaker in the World
23 August 2021 - China’s Anshan Iron & Steel has officially acquired Benxi Iron & Steel, creating the third-largest steelmaker in the world and the second-largest in China, reports S&P Global Platts.
Sale of American Zinc Recycling Closes
20 August 2021 - Befesa S.A., a provider of hazardous waste recycling services, closed its US$450 million purchase of American Zinc Recycling Corp. (AZR) and now owns 100% of the business.
Merit Steel USA Acquired by Majestic Steel USA
20 August 2021 - Majestic Steel USA Inc. announced the acquisition of the West Coast-based Merit Steel USA.
ATI Sells Off Flowform Products Business
18 August 2021 - Allegheny Technologies Inc. (ATI) announced this week the sale of its Flowform Products business unit to Consolidated Boring Inc. for US$55 million in cash.
Tata Steel Expresses Interest in Purchasing RINL
18 August 2021 - According to its chief executive, Tata Steel is interested in acquiring state-owned Rashtriya Ispat Nigam Ltd. (RINL).
Schnitzer Steel Acquires Eight Scrap Yards, Restarts Cascade Steel Meltshop
18 August 2021 - Oregon-based Cascade Steel Rolling Mills is restarting production following a May 2021 meltshop fire as its corporate parent looks to close an acquisition of a southeastern U.S. scrap recycler.
Nucor Completes Purchase of Insulated Metal Panels Business
11 August 2021 - Nucor Corp. has officially acquired Cornerstone Building Brands’ insulated metal panels (IMP) business for a price tag of around US$1 billion, the steelmaker announced yesterday.
SHS Group Acquires LIBERTY Steel’s French Operations
09 August 2021 - The parent company of Saarstahl and Dillinger have officially added two of LIBERTY Steel’s mills in France to its holdings, the company has announced.
Reliance Steel & Aluminum Co. to Acquire Merfish United
05 August 2021 - Reliance Steel & Aluminum Co. announced Wednesday that it has entered into a definitive agreement to acquire tubular building products distributor Merfish United.
thyssenkrupp Divests Mining Business
03 August 2021 - thyssenkrupp has sold off its mining arm in line with its ongoing restructuring efforts, the company announced last Friday.
Nucor to Acquire Steel Racking Manufacturer in US$370M Deal
20 July 2021 - Nucor Corp. is expanding its portfolio of downstream businesses, announcing Tuesday that it will acquire racking manufacturer U.S.-based Hannibal Industries for US$370 million.
China Baowu Steel Could Grow Even Larger
19 July 2021 - The world’s largest steel producer could reinforce its position through a potential acquisition of another Chinese producer, reports Nikkei Asia.
