Steel mergers and acquisitions - M&A news & business reports.

Steel Industry M&A News

U.S. Steel to remain American-led, Nippon Steel says
nippon steel usa
Wed, 04 Sep 2024 00:00:00 GMT
The Japanese firm said post-acquisition the majority of U.S. Steel's board of directors and all members of core senior management would be U.S.


Nippon Steel defends its U.S. Steel bid after Harris' opposition
nippon steel usa
Tue, 03 Sep 2024 00:00:00 GMT
Nippon Steel released a statement Tuesday arguing that the Japanese firm's planned acquisition of U.S. Steel would benefit the United


Ukraine: Kametstal makes air in Kamenskoye worst in country
coke ukraine
Fri, 16 Aug 2024 00:00:00 GMT
One of the largest plants and biggest environment polluters in Kamenskoye is Kametstal. This is the merger of Dneprovsky Iron and Steel Combine and Dneprovsky By-Product Coke Plant. In 2023, air in Kamenskoye was declared the dirtiest in Ukraine after Dnipro, according to UA War Infographics. Lately, citizens have been complaining about air quality.


Glencore could buy more steelmaking coal assets at right price
coal ghg glencore results
Thu, 08 Aug 2024 00:00:00 GMT
Glencore could consider buying more steelmaking coal assets at right price, good quality and in the right location, the London-listed miners Chief Executive Gary Nagle said in a briefing. Glencore also said on Wednesday it would not spin off its coal business after securing backing from the majority of its investors who see lucrative earnings from the fossil fuel after the commodities giants recent acquisition of Teck Resources TECKb.TO coking coal assets. Source: Reuters - (Reporting by


ArcelorMittal completes Vallourec acquisition
arcelormittal france
Thu, 08 Aug 2024 00:00:00 GMT
ArcelorMittal has successfully completed the acquisition of French pipemaker Vallourec. This was...


CCP greenlights major steel industry merger involving EP Corporate ...
pakistan steel
Thu, 01 Aug 2024 00:00:00 GMT
ISLAMABAD: The Competition Commission of Pakistan (CCP) has sanctioned a major merger in the steel sector with international ramifications. The deal involves EP


ArcelorMittal Construction acquires insulation panel manufacturer ...
arcelormittal steel
Mon, 03 Jun 2024 00:00:00 GMT
Steelmaker ArcelorMittal has completed the acquisition of Italpannelli, a specialized manufacturer...


US steelmakers Q1 earnings calls examine market health
market steel steel dynamics usa
Mon, 20 May 2024 00:00:00 GMT
Steel mills in the United States sought to temper growth expectations for 2024 as they delivered near-term outlook reports in their quarter one earnings conference calls. Cleveland-Cliffs, Steel Dynamics and Nucor have all hosted their Q1 2024 quarterly calls in recent weeks, while US Steel issued its report due to its ongoing acquisition by Japans Nippon Steel. While remaining positive about the future, each company mentioned that the robust performance of the last three years (2021-2023)


SOLV Metals seeks growth through collaboration
metals
Thu, 11 Apr 2024 13:30:00 GMT
Formed in 2023, SOLV Metals represents the merger of three industry players: Wisconsin Metal Parts, Lean Manufacturing Products, and QuikCut. The story reveals the subtle nature of consolidation in metal


Reliance acquires MidWest Materials
steel
Tue, 02 Apr 2024 14:25:00 GMT
Scottsdale, Ariz.-based Reliance Inc. has announced its acquisition of the outstanding equity interests of MidWest Materials Inc., a flat-rolled steel service center in Perry,


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