Steel News

Tariffs, End-Market Shifts Fuel Global Metals Industry’s Expansion Into the U.S.

28 January 2026 - Experts estimate there will be rising momentum in 2026 for global metals industry companies to invest or expand into the U.S. using mergers and acquisitions, reported Manufacturing Dive.

Millett: SDI Would Maximize Value of BlueScope’s North American Business

28 January 2026 - Steel Dynamics Inc. (SDI)’s offer to buy BlueScope Steel’s North American business was not an opportunistic attempt to gobble up assets on the cheap, but rather an honest and sincere proposal to unlock value and grow the operation, SDI chairman Mark Millett has said.

Mutares Acquires Greer Steel Co.

22 January 2026 - Mutares SE & Co. KGaA announced it has acquired Greer Steel Co., a cold-rolled strip steel provider based in Dover, Ohio, USA.

Sanzheng Acquired by ANDRITZ

21 January 2026 - ANDRITZ announced it has acquired a 51% stake in Chinese induction heating specialist Baoding Sanzheng Electrical Equipment Co. Ltd.

Worthington Steel to Purchase Kloeckner & Co. for US$2.4 Billion

16 January 2026 - Worthington Steel announced it has entered into a business combination agreement to purchase German service center and processing company Kloeckner & Co. for US$2.4 billion.

Taylor-Winfield Technologies Purchases George A. Mitchell Company

14 January 2026 - Taylor-Winfield Technologies Inc. announced its successful acquisition of the George A. Mitchell Company.

All Assets of ISB Acquired by Wintriss Controls Group

13 January 2026 - Wintriss Controls Group LLC announced it has acquired all assets of ISB in Montreal, Que., Canada, as of 1 October 2025, forming a new company named Wintriss Controls Group ULC, DBA Wintriss ISB.

U. S. Steel Property Holdings Acquires US$275 Million UPI Plant Property

08 January 2026 - United States Steel Property Holdings has acquired the former USS-POSCO Industries (UPI) site in Pittsburg, Ca., USA, for US$275 million, reported the East Bay Times.

BlueScope Rejects Takeover Bid From SGH, Steel Dynamics

07 January 2026 - Australia's BlueScope Steel Ltd. has rejected a takeover bid from a consortium that includes SGH Ltd. and Steel Dynamics Inc.

Russel Metals Closes US$102 Million Acquisition of U.S. Service Centers

06 January 2026 - Russel Metals announced it has acquired seven service centers in the U.S. from Kloeckner Metals Corp. for US$102 million.

SMS group Acquires Metso’s Ferrous Technologies

05 January 2026 - SMS group has completed its acquisition of Metso Corp.'s ferrous business, it said on Monday.

BlueScope Confirms Receipt of Bid to Acquire All Shares

05 January 2026 - BlueScope has confirmed it received an unsolicited bid from an Australian and U.S. consortium to purchase all shares in BlueScope for US$30.00 cash per share.

Metinvest Acquires ArcelorMittal Tubular Products Iași

17 December 2025 - Romanian pipe plant ArcelorMittal Tubular Products Iași has been purchased by Metinvest, the company announced.

Worthington Steel in Talks to Acquire Klöckner & Co.

08 December 2025 - Worthington Steel Inc. confirmed it is in negotiations with German steel distributor Klöckner & Co. SE for a potential acquisition of the company.

Danieli Corus Acquires NewFer

04 December 2025 - Danieli Corus B.V. and NewFer GmbH have signed an agreement in which NewFer will become a full Danieli Corus subsidiary, renamed Danieli NewFer GmbH, effective 1 December 2025.

Steel Distributor Lays Bet on Steel-Framed Houses

03 December 2025 - Flat-rolled steel processor and distributor Majestic Steel USA has made a strategic investment in a recently reorganized manufacturer of steel-framed modular homes.